HB 234 Hawaii House · 2023 Regular Session

RELATING TO TAXATION OF REAL ESTATE INVESTMENT TRUSTS.

Summary
Disallows dividends paid deduction for real estate investment trusts. Specifies that amounts collected from the disallowance be evenly divided and deposited into the dwelling unit revolving fund and rental housing revolving fund. Applies to taxable years beginning after 12/31/2023. Sunsets 12/31/2026.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
Governor
Introduced Jan 19, 2023 Last action Jan 25, 2023
Floor votes

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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Jan 25, 2023
Committee
Referred to ECD, CPC, FIN, referral sheet 1
lower
Jan 20, 2023
Introduced
Introduced and Pass First Reading.
lower
Jan 19, 2023
Introduced
Pending introduction.
lower
10 primary · 0 co-sponsors

Sponsors