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SB 1120 Hawaii Senate · 2019 Regular Session

RELATING TO THE CONVEYANCE TAX.

Summary
Increases the rate of real estate conveyance tax for condominiums and single family residences ineligible for a county home-owner's exemption with a value of at least $2,000,000. Amends the calculation for the amount of conveyance taxes to be deposited into the rental housing revolving fund. Exempts from conveyance taxes documents and instruments conveying real property subject to a government assistance program approved and certified by HHFDC and used for the provision of affordable housing for qualified persons in the State. Effective 7/1/2050. (SD1)
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2019
Committee Review
Floor Vote
Governor
Introduced Jan 24, 2019 Last action Feb 14, 2019
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
7
Key actions
2
Committee
5
Feb 14, 2019
Committee
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
upper
Feb 14, 2019
Committee
Reported from HOU (Stand. Com. Rep. No. 319) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
upper
Feb 7, 2019
Upper · Passed
The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 4 Aye(s): Senator(s) S. Chang, Kanuha, Moriwaki, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) L. Thielen.
upper
Feb 4, 2019
Upper · Passed
The committee(s) on HOU has scheduled a public hearing on 02-07-19 1:20PM in conference room 225.
upper
Jan 28, 2019
Committee
Referred to HOU, WAM.
upper
Jan 24, 2019
Introduced
Introduced.
upper
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.