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HI HB1014

Bill

Official Source

Status

Introduced

1/26/2011

Primary Sponsor

Calvin Say

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Repeals the conveyance tax exemption for documents or instruments conveying real property to nonprofit or for-profit organizations certified by the Hawaii housing finance and development corporation for low-income housing development.

  • Removes subsection (17) from Hawaii Revised Statutes Section 247-3, which previously exempted low-income housing conveyances from the state conveyance tax.

  • Takes effect upon approval of the Act.

Legislative Description

Conveyance tax exemption; low-income housing development

Last Action

Carried over to 2012 Regular Session.

12/1/2011

Committee Referrals

Water, Land, & Ocean Resources1/26/2011

Full Bill Text

No bill text available