RELATING TO THE MORTGAGE INTEREST DEDUCTION.
Summary
Eliminates the mortgage interest deduction for second homes under Hawaiʻi income tax law. Requires the Department of Taxation to calculate the savings and report the revenue gained to the Director of Finance by September 1 of each year.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
Governor
Introduced Jan 17, 2023
Last action Dec 11, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
0
Committee
2
Feb 23, 2023
Senate · Reported by committee
The committee(s) on WAM has scheduled a public hearing on 02-27-23 10:35AM; Conference Room 211 & Videoconference.
Jan 20, 2023
Senate · Referred to committee
Referred to WAM.
Jan 18, 2023
Senate · Introduced
Introduced and passed First Reading.
Jan 17, 2023
Senate · Introduced
Pending Introduction.
4 primary · 2 co-sponsors
Sponsors
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