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HI HB85

Bill

Official Source

Status

Introduced

1/16/2025

Primary Sponsor

Mahina Poepoe

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Amends Section 247-7 of Hawaii Revised Statutes to modify the allocation of conveyance tax revenues to the land conservation fund
  • Changes the current 10% or $5,100,000 cap (whichever is less) to a blank percentage and blank dollar amount to be determined
  • Maintains the existing allocation of 50% or $38,000,000 (whichever is less) to the rental housing revolving fund
  • Aims to establish more reliable, consistent funding for land conservation purposes including watershed protection, coastal preservation, flood prevention, parks, habitat protection, cultural preservation, and agricultural production
  • Effective date set to July 1, 3000 (placeholder date indicating further legislative action needed)

Legislative Description

Relating To The Land Conservation Fund.

Conveyance Tax

Last Action

Carried over to 2026 Regular Session.

12/8/2025

Committee Referrals

Finance2/13/2025
Water & Land1/21/2025

Full Bill Text

No bill text available