HOUSE OF REPRESENTATIVES

THE THIRTY-SECOND LEGISLATURE

REGULAR SESSION OF 2024

 

COMMITTEE ON HOUSING

Rep. Luke A. Evslin, Chair

Rep. Micah P.K. Aiu, Vice Chair

 

Rep. Darius K. Kila

Rep. Richard H.K. Onishi

Rep. Lisa Kitagawa

Rep. Chris Todd

Rep. Tyson K. Miyake

Rep. Lauren Matsumoto

 

 

NOTICE OF HEARING

 

DATE:

Wednesday, February 14, 2024

TIME:

9:45 a.m.

PLACE:

VIA VIDEOCONFERENCE

Conference Room 312

State Capitol

415 South Beretania Street

 

 

 

Click here to submit testimony and to testify remotely or in person.

 

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shortly before the scheduled start time.

 

Click here for the live stream of this meeting via YouTube.

 

 

 

A G E N D A

 

HB 2629, HD1

(HSCR202-24)

Status

RELATING TO THE CONVEYANCE TAX.

Establishes the Homeless Services Special Fund.  Allows counties to apply for matching funds from the Affordable Homeownership Revolving Fund for housing projects that are subject to a perpetual affordability requirement.  Amends the conveyance tax rates based on property values.  Repeals the conveyance tax rates set separately for conveyances for which the purchasers are ineligible for a county homeowner's exemption on property tax.  Exempts from conveyance taxes, conveyances of real property to organizations with certain affordability requirements and to certain nonprofit organizations.  Allocates collected conveyance taxes to be allocated to the Affordable Homeownership Revolving Fund and Homeless Services Fund and amends allocations to the Land Conservation Fund and Rental Housing Revolving Fund.  Effective 7/1/3000.  (HD1)

 

HLT, HSG, FIN

 

 

 

 

DECISION MAKING TO FOLLOW

 

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FOR AMENDED NOTICES:  Measures that have been deleted are stricken through and measures that have been added are bolded.

 

For more information, please contact the Committee Clerk at (808) 586-6270

 

 

 

 

 

________________________________________

Rep. Luke A. Evslin

Chair