Provides appropriations for collective bargaining cost items for the members of bargaining unit (11) and their excluded counterparts, including the cost of salary adjustments negotiated between the State and the bargaining unit representative for fiscal biennium 2025-2027. Declares the expenditure ceiling for fiscal year 2025-2026 is exceeded. Effective 7/1/2050. (SD1)
For taxable years beginning after 12/31/2024, requires all qualified members claiming a credit for pass-through entity taxation to adjust their income to include the qualified member's share of taxes paid by an electing pass-through entity. Effective July 1, 3000. (HD1)
Requires all state and county agencies to utilize applicable federal clean energy tax credits, pursuant to the Inflation Reduction Act of 2022, for the purchase and financing of capital improvement projects that use clean energy technology and zero-emission vehicles. Effective 7/1/2050. (SD1)
Appropriates funds to be used by the Department of Hawaiian Home Lands for mercantile projects, as well as lump sum repair and maintenance, in fiscal year 2025-2026. Effective 7/1/3000. (SD1)
Establishes a Carbon Sequestration, Underground Water, and Geothermal Exploration Resource Characterization Program via slim hole bores and requires a related statewide environmental assessment. Requires a report to the Legislature. Establishes positions. Appropriates funds. Effective 7/1/3000. (SD2)
Allows tax credits claimed under the State Low-Income Housing Tax Credit Program to be used to offset taxes imposed by the state transient accommodations tax law. Specifies that tax credit amounts applied to state transient accommodations taxes be limited to state transient accommodations taxes imposed in the same county in which the qualified low-income building is located. Makes permanent Act 129, SLH 2016. Applies to taxable years beginning after 12/31/2027. Effective 7/1/3000. (SD1)
Requires the Auditor to conduct a financial audit of each charter school under the State Public Charter School Commission. Requires a report to the Legislature. Requires the State Public Charter School Commission to take action based on the Auditor's recommendations. Appropriates funds. Effective 7/1/3000. (HD1)
HB 1733 increases the maximum bond amount authorized under the state's Hula Mae Multifamily Housing Program, allowing more funds to finance affordable rental housing statewide. This directly affects developers building or maintaining low-income housing projects and residents relying on these affordable units. The bill raises the funding ceiling to prevent the program from hitting current limits, ensuring continued support for housing affordability. It does not change eligibility rules but expands available capital for housing projects across the state.
Makes the Dwelling Unit Revolving Fund Equity Pilot Program permanent, with modifications that include changing the method for computation of interest for purchasers of certain real property. Expands the use of proceeds in the Dwelling Unit Revolving Fund to include purchasing equity in for-sale housing development projects and interim primary or secondary financing. Exempts disbursements from the Affordable Homeownership Revolving Fund from appropriation and allotment requirements. Effective 7/1/2050. (SD1)
Requires and appropriates funds for the Hawaii Climate Change Mitigation and Adaptation Commission to develop, implement, and maintain a centralized resource website to connect residents to support and resources to address affordability, health, safety, and the impacts of climate change. Effective 7/1/3000. (SD1)
