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HI HB908

Bill

Status

Introduced

1/27/2021

Primary Sponsor

Scott Saiki

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Origin

House of Representatives

2022 Regular Session

AI Summary

  • Amends Act 129, Session Laws of Hawaii 2016, Section 4 to extend the sunset date of the State Low-Income Housing Tax Credit from December 31, 2021 to December 31, 2026.

  • Extends the application period for qualified low-income buildings awarded credits for an additional five years beyond the original sunset date.

  • Upon repeal in 2026, section 235-110.8, Hawaii Revised Statutes will be reenacted in its original form prior to Act 129's effective date.

  • Takes effect upon approval.

Legislative Description

Relating To The Low-income Housing Tax Credit.

Last Action

Carried over to 2022 Regular Session.

12/10/2021

Committee Referrals

Housing1/29/2021

Full Bill Text

No bill text available