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HB 1012 Hawaii House · 2018 Regular Session

RELATING TO REAL ESTATE INVESTMENT TRUSTS.

Summary
Temporarily disallows the deduction for dividends paid by real estate investment trusts for a period of 15 years, but with an exception for dividends generated from trust-owned housing that is affordable to households with incomes at or below 140 per cent of the median family income. (HB1012 HD2)
Bill status passed 3 of 5 stages cleared
Introduction
Jan 2017
Committee Review
Mar 2017
House Passage
Mar 2017
Senate Passage
Governor
Introduced Jan 23, 2017 Last action Nov 30, 2017
Floor votes

How they voted

This bill passed the House by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
18
Key actions
4
Committee
6
Mar 9, 2017
Committee
Referred to CPH, WAM.
upper
Mar 9, 2017
Introduced
Received from House (Hse. Com. No. 313).
upper
Mar 7, 2017
Lower · Passed
Passed Third Reading as amended in HD 2 with Representative(s) Tokioka, Tupola voting aye with reservations; Representative(s) Har, Ito, Ward voting no (3) and Representative(s) Ichiyama excused (1). Transmitted to Senate.
lower
Feb 23, 2017
Lower · Passed
The committees on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 16 Ayes: Representative(s) Luke, Cullen, Cachola, Choy, Gates, Holt, Keohokalole, Kobayashi, LoPresti, Lowen, Nakamura, Quinlan, Yamashita; Ayes with reservations: Representative(s) DeCoite, Tupola, Ward; Noes: none; and 1 Excused: Representative(s) Tokioka.
lower
Feb 17, 2017
Committee
Reported from HSG (Stand. Com. Rep. No. 482) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
lower
Feb 14, 2017
Lower · Passed
The committees on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 6 Ayes: Representative(s) Brower, Nakamura, Aquino, Hashem, Quinlan, San Buenaventura; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) McDermott.
lower
Feb 9, 2017
Lower · Passed
The committee(s) on HSG recommend(s) that the measure be deferred.
lower
Jan 27, 2017
Committee
Referred to HSG, FIN, referral sheet 4
lower
Jan 23, 2017
Introduced
Pending introduction.
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.