Sign Up
HB 2527 Hawaii House · 2020 Regular Session

RELATING TO THE LOW-INCOME HOUSING TAX CREDIT.

Summary
Specifies that certain provisions of the Internal Revenue Code related to at-risk rules and deductions and passive activity loss do not apply to the state low-income housing tax credit allocations after 12/31/2019. Extends the time period in which to claim the low-income housing tax credit. Enables state partnerships to claim the tax credit even if the partnerships are not considered partners for federal tax purposes. Takes effect on approval. (SD1)
Bill status passed both 4 of 5 stages cleared
Introduction
Jan 2020
Committee Review
Jul 2020
House Passage
Feb 2020
Senate Passage
Jul 2020
Governor
Introduced Jan 22, 2020 Last action Jul 8, 2020
Floor votes

How they voted

This bill passed the Senate. No roll call record of that vote is available.
Full legislative history

Actions timeline

Total actions
26
Key actions
7
Committee
12
Amendments
2
Jul 8, 2020
Introduced
House disagrees with Senate amendment (s).
lower
Jul 6, 2020
Introduced
Returned from Senate (Sen. Com. No. 613) in amended form (SD 1).
lower
Jul 6, 2020
Upper · Passed
Report adopted; Passed Third Reading. Ayes, 24; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
upper
Jul 2, 2020
Committee
Waived referral to WAM.
upper
May 21, 2020
Committee
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
upper
May 21, 2020
Committee
Reported from HOU (Stand. Com. Rep. No. 3628) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
upper
Mar 12, 2020
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, L. Thielen; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.
upper
Mar 10, 2020
Upper · Passed
The committee(s) on HOU deferred the measure until 03-12-20 1:15PM in conference room 225.
upper
Mar 4, 2020
Upper · Passed
The committee(s) on HOU has scheduled a public hearing on 03-10-20 1:45PM in conference room 225.
upper
Mar 3, 2020
Committee
Referred to HOU, WAM.
upper
Feb 28, 2020
Introduced
Received from House (Hse. Com. No. 98).
upper
Feb 27, 2020
Lower · Passed
Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cabanilla Arakawa excused (1). Transmitted to Senate.
lower
Feb 20, 2020
Lower · Passed
The committees on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 15 Ayes: Representative(s) Luke, Cullen, Eli, Gates, Hashimoto, Holt, Kitagawa, B. Kobayashi, Matayoshi, Nakamura, Nishimoto, Todd, Wildberger, Yamashita, McDermott; Ayes with reservations: none; Noes: none; and Excused: none.
lower
Feb 14, 2020
Committee
Reported from HSG (Stand. Com. Rep. No. 484-20) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
lower
Feb 11, 2020
Lower · Passed
The committees on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 6 Ayes: Representative(s) Brower, Matayoshi, Cullen, Hashimoto, Woodson, McDermott; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Aquino, Hashem.
lower
Jan 30, 2020
Committee
Re-referred to HSG, FIN, referral sheet 9
lower
Jan 27, 2020
Committee
Referred to FIN, referral sheet 5
lower
Jan 23, 2020
Introduced
Introduced and Pass First Reading.
lower
Jan 22, 2020
Introduced
Pending introduction.
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.