SB 2237 Hawaii Senate · 2022 Regular Session

RELATING TO THE CONVEYANCE TAX.

Summary

Increases the rate of conveyance tax for condominiums and single family residences ineligible for a county homeowner's exemption with a value of at least $2,000,000. Exempts from the conveyance tax documents and instruments conveying real property subject to a government assistance program approved and certified by Hawaii Housing Finance and Development Corporation and used for the provision of affordable housing for qualified persons in the State. Removes maximum dollar amount of conveyance tax revenues that are to be paid into the rental housing revolving fund each fiscal year. Effective January 1, 2023. (SD1)

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2022

Committee Review

Floor Vote

Governor

Introduced Jan 21, 2022 Last action Feb 15, 2022

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 15, 2022

Committee

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

upper

Feb 15, 2022

Committee

Reported from HOU (Stand. Com. Rep. No. 2331) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

upper

Feb 8, 2022

Upper · Passed

The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 5 Aye(s): Senator(s) Chang, Kanuha, Moriwaki, Rhoads, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Feb 4, 2022

Upper · Passed

The committee(s) on HOU has scheduled a public hearing on 02-08-22 1:00PM; Conference Room 225 & Videoconference.

upper

Jan 24, 2022

Committee

Referred to HOU, WAM.

upper

Jan 21, 2022

Introduced

Introduced.

upper

4 primary · 3 co-sponsors