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HI HB1918
Bill
Status
1/22/2024
Primary Sponsor
Linda Ichiyama
Click for details
AI Summary
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Extends the historic preservation income tax credit sunset date from December 31, 2024 to December 31, 2030, allowing qualified rehabilitation projects to continue receiving the credit through 2030.
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Maintains the aggregate tax credit ceiling at $1,000,000 for taxable years 2020 through 2024.
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Adds new aggregate tax credit ceilings for taxable years 2025 through 2030, though specific dollar amounts for these years are left blank in the bill text.
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Amends Act 267, Session Laws of Hawaii 2019 to change the repeal date of the historic preservation tax credit provisions from December 31, 2024 to December 31, 2030.
Legislative Description
Relating To Historic Preservation.
Extension
Last Action
Report adopted; referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Garrett, Matayoshi, Perruso, Sayama, Takayama excused (5).
2/15/2024