HI HB1213

Imposes a 300% conveyance tax rate ($3 per $100 of property value) on sales of residential real property to purchasers who have not filed a Hawaii state income tax return within the preceding 4 years

Residential real property covered includes properties with 1-4 dwelling units and residential condominiums or cooperative apartments used primarily as residences

Maintains existing tiered conveyance tax rates for other property transfers, ranging from $0.10 to $1.25 per $100 depending on property value and purchaser eligibility for homeowner's exemption

Takes effect January 1, 2026