Loading chat...

HI HB908

Bill

Official Source

Status

Engrossed

3/7/2023

Primary Sponsor

Mahina Poepoe

Click for details

Origin

House of Representatives

2023 Regular Session

AI Summary

  • Increases the maximum annual allocation from conveyance tax revenues to the Land Conservation Fund from $5,100,000 to $9,800,000 (whichever is less than 10% of taxes collected)
  • Maintains the existing allocation to the rental housing revolving fund at $38,000,000 or 50% of collected taxes, whichever is less
  • Amends Section 247-7 of the Hawaii Revised Statutes regarding disposition of conveyance tax revenues
  • Effective date: June 30, 3000 (note: appears to contain a typographical error in the effective date)

Legislative Description

Relating To The Land Conservation Fund.

Conveyance Tax

Last Action

Conference Committee Meeting will reconvene on Friday 04-28-23 5:00PM in conference room 229.

4/28/2023

Committee Referrals

Ways and Means3/21/2023
Water and Land3/10/2023
Finance2/25/2023
Water & Land2/16/2023
Consumer Protection & Commerce2/8/2023
Water & Land1/30/2023

Full Bill Text

No bill text available