HB 2608 Hawaii House · 2020 Regular Session

RELATING TO THE LOW-INCOME HOUSING TAX CREDIT.

Summary
Amends certain requirements for the state low-income housing tax credit by: changing the tax credit allocation for partnerships; amending filing requirements for tax credit claims; and specifying that certain provisions of the Internal Revenue Code related to at-risk rules and deductions and passive activity loss do not apply with respect to claims for the credit.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2020
Committee Review
Floor Vote
Governor
Introduced Jan 23, 2020 Last action Jan 30, 2020