HB 2156 would raise the income or transaction thresholds that require businesses to file two specific taxes: the General Excise Tax (applied to most business activities) and the Transient Accommodations Tax (for short-term rentals like hotels or vacation homes). Businesses currently obligated to file below the new, higher thresholds would no longer need to file if their annual activity remains under the increased limit. This change directly affects small businesses and short-term rental operators who currently meet the lower filing requirements. The bill is pending committee referral as of January 2026, with no specific dollar amounts provided in the abstract.
Establishes a working group to revise the Hawaii Housing Finance and Development Corporation's Qualified Allocation Plan and propose revisions to the prioritization of the Rental Housing Revolving Fund and the terms of loans made from the Rental Housing Revolving Fund. Appropriates funds. Effective 7/1/3000. (HD1)
HB 1602 allocates funds to create one full-time staff position within the Department of Agriculture and Biosecurity. The bill establishes a grant specialist role focused on administering grant programs. This funding directly affects the Department of Agriculture and Biosecurity staff, enabling them to manage grant-related work. The bill is procedural, specifically authorizing budget resources for a new position, with no broader policy changes.
HB 1729 would remove the state income tax deduction for mortgage interest paid on second homes. This directly affects homeowners who own vacation properties, rental properties, or additional residences beyond their primary home. The bill changes state tax law so that interest on loans for these second properties no longer reduces taxable income. It does not apply to primary residences or federal tax rules.
Requires the School Facilities Authority to establish a school modernization initiative through a capital improvement project planning database for school facilities statewide. Appropriates funds. Effective 7/1/3000. (HD1)
Specifies the conditions upon which the Hawaii Housing Finance and Development Corporation may transfer moneys from within the Rental Housing Revolving Fund to a subaccount and between subaccounts of the revolving fund. Authorizes the Rental Housing Revolving Fund to be used to provide any and all forms of financing. Expands the funding priorities of, and appropriates funds into and out of, the Mixed-Income Subaccount. Effective 7/1/3000. (HD1)
Establishes a 5-year Hawaii Builds Pilot Program within the Hawaii Housing Finance and Development Corporation and designates projects that meet specific requirements as Hawaii Builds Pilot Projects. Authorizes the Corporation to deploy moneys from the Dwelling Unit Revolving Fund for predevelopment activities or as active construction equity. Requires annual reports to the Legislature. Sunsets 6/30/2031. Effective 7/1/3000. (HD1)
Requires the School Facilities Authority to establish a pilot program to develop three new public schools in areas based on demonstrated need through public-private partnerships. Amends the powers of the School Facilities Authority. Requires reports to the Legislature. Appropriates funds. Effective 7/1/3000. (HD1)
Authorizes the funding for rental or lease of facilities by legislative appropriations and bond authorizations to the state public charter school commission for the design, planning, construction, repair, and maintenance of public charter school improvements. Appropriates general funds for infrastructure costs, rental or lease assistance, and the repair and maintenance of network infrastructure for charter schools. Effective 7/1/3000. (HD1)
Establishes a Civic Education Grant Program to provide support to public middle and intermediate schools in providing civic education to students through department approved programming. Establishes a Civic Education Trust Fund. Effective 7/1/3000. (HD1)