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HI SB2617

Bill

Official Source

Status

Engrossed

3/5/2024

Primary Sponsor

Brenton Awa

Click for details

Origin

Senate

2024 Regular Session

AI Summary

  • Legislative Reference Bureau shall conduct a study on the 41 states that have enacted laws limiting property sales to foreign individuals or entities
  • Study shall examine strengths and weaknesses of each state's legislative approach and how these laws could be adapted for Hawaii to favor owner-occupied resident ownership
  • Legislative Reference Bureau shall submit the study report and any proposed legislation to the legislature no later than 20 days before the 2025 regular session convenes
  • General fund appropriation made for fiscal year 2024-2025 to fund the study, with a declaration that expenditure ceiling will be exceeded
  • Act takes effect July 1, 2040

Legislative Description

Relating To Real Property.

Appropriation ($)

Last Action

Referred to WAL/CPC, FIN, referral sheet 16

3/7/2024

Committee Referrals

Water & Land3/7/2024
Ways and Means2/16/2024
Commerce and Consumer Protection1/24/2024

Full Bill Text

No bill text available