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HB234    Pdf File  
Measure details
Measure Title: RELATING TO TAXATION OF REAL ESTATE INVESTMENT TRUSTS.
Report Title: Taxation; Real Estate Investment Trusts; Dividends Paid Deduction; Dwelling Unit; Rental Housing
Description: Disallows dividends paid deduction for real estate investment trusts. Specifies that amounts collected from the disallowance be evenly divided and deposited into the dwelling unit revolving fund and rental housing revolving fund. Applies to taxable years beginning after 12/31/2023. Sunsets 12/31/2026.
Companion:  SB359
Package: Working Families Legislative Caucus
Current Referral: ECD, CPC, FIN
Introducer(s): KAPELA, COCHRAN, GANADEN, HUSSEY-BURDICK, KILA, LOWEN, MARTEN, PERRUSO, POEPOE, TAM
Act:

Measure Status History

Sort by Date
DateChamberStatus Text
12/11/2023DCarried over to 2024 Regular Session.
1/25/2023HReferred to ECD, CPC, FIN, referral sheet 1
1/20/2023HIntroduced and Pass First Reading.
1/19/2023HPending introduction.

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HB234

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