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SB1214    Pdf File  
Measure Title: RELATING TO VACANT HOMES.
Report Title: DOTAX; DBEDT; HHFDC; Counties; Vacant Home Surcharge; GET
Description: Establishes a Vacant Homes Special Fund under the Hawaii Housing Finance and Development Corporation for rental assistance programs. Establishes a general excise tax surcharge on an owner that allows a residential real property to remain vacant for 180 days or more a year. Requires persons who own residential real property, but do not live there, to obtain a general excise tax license. Requires the counties to disclose to the Department of Taxation a list of properties classified as not being occupied by an owner of that property. Requires the Department of Business, Economic Development, and Tourism to calculate average annual rental value for the basis for the surcharge amount.
Companion:  HB489
Package: None
Current Referral: HOU/EIG/EDT, WAM/JDC
Introducer(s): MORIWAKI
Act:

Sort by Date Status Text
1/27/2025SReferred to HOU/EIG/EDT, WAM/JDC.
1/23/2025SIntroduced and passed First Reading.
1/21/2025SPending Introduction.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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SB1214
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