Eliminates the mortgage interest deduction for second homes under Hawaii income tax law. Requires the department of taxation to calculate the savings and transfer an equivalent amount of income taxes to the director of finance for deposit into the rental housing revolving fund.
Sen. Stanley Chang
Sponsored bills
Establishes the procedures for a housing savings account system for all employees in the State.
Repeals provision requiring light transmittance of no less than 35% on side and rear windows of certain vehicles when using sun screening devices and glazing material. Exempts from the section the side windows of any motor vehicle; provided the vehicle is equipped with rearview mirrors on both sides. Takes effect 1/1/2050. (SD1)
Requires UH to provide training on the impacts of trauma for employees responsible for investigating incidents and assisting victims of sexual and domestic violence. Improves access for confidential support services. Requires UH to annually distribute information about sexual and domestic violence prevention and disclosure protocols to students and employees. To the extent possible, requires a private college or university to implement identical campus safety and accountability standards to those applicable to UH.
Provides that licenses and leases for certain non-residential lots and tracts of land under issued pursuant to the Hawaiian Homes Commission Act, 1920, shall be issued based on fair market value, subject to certain exceptions. Prohibits subletting of certain lots and tracts of land. Clarifies that existing exceptions to conditions in the Hawaiian Homes Commission Act, 1920, that prohibit a beneficiary from subletting a tracts do not apply if the tract if also used for non-residential purposes. Clarifies that certain provisions relating to subleases shall not be construed to override other provisions against transfers of licenses or subletting.
Lowers the exclusion amount of Hawaii's estate tax to $1,000,000. Applicable to decedents dying or taxable transfers occurring after 12/31/2020.
Establishes an independent authority to be called the Kawaihapai Airfield Authority. The intent of this authority is to allow continued use of Kawaihapai airfield for private and commercial use by the state's residents and tourists.
Authorizes county land use decision-making authorities to amend district boundaries involving lands greater than fifteen but no more than one hundred acres and requires all housing units to be occupied by the owner, who is a Hawaii resident, at all times.
Prohibits landlords from recovering possession of a dwelling unit from tenants if habitability of the premises is significantly impaired. Sets a tenant's liability for rent if habitability of the premises is significantly impaired. Provides remedies for retaliatory evictions. Effective 7/1/2124. (SD1)
Prohibits certain contracts for managed care entered into after June 30, 2021, from containing a provision that authorizes a pharmacy benefit manager to reimburse a contracting pharmacy on a maximum allowable cost basis, and voids any such provisions in existing managed care contracts. Prohibits pharmacy benefit managers from engaging in unfair methods of competition or unfair practices. Prohibits a pharmacy benefit manager from reimbursing a 340B pharmacy differently than any other network pharmacy. Prohibits a pharmacy benefit manager from reimbursing an independent or rural pharmacy an amount less than the rural rate for each drug under certain circumstances. Prohibits a pharmacy benefit manager from restricting a pharmacist's ability to provide certain information to insureds. Increases pharmacy benefit managers' annual reporting requirements. Requires the insurance commissioner to file annual reports with the legislature. Increases pharmacy benefit manager registration and renewal fees by an unspecified amount. Makes certain violations of pharmacy benefit managers subject to the penalties provided in chapters 480 and 481, Hawaii Revised Statutes. Effective 7/1/2050. Repeals certain provisions on 6/30/2026. (SD2)