HI HB1213

Amends Hawaii's conveyance tax rates for residential real property by adding a new tier for purchasers who have not filed a Hawaii state income tax return within the preceding four years, imposing a rate of $3.00 per $100 of property value (300% rate).

Maintains existing tiered conveyance tax rates for general property transfers ranging from $0.10 to $1.00 per $100 based on property value from under $600,000 to $10,000,000 or greater.

Maintains existing higher tiered rates for condominiums and single-family residences purchased by ineligible homeowners, ranging from $0.15 to $1.25 per $100 based on property value.

Defines "residential real property" as fee simple or leasehold property containing one to four dwelling units or residential condominiums/cooperatives used primarily as a residence.

Takes effect on January 1, 2026.