| Measure Title: |
RELATING TO THE MORTGAGE INTEREST DEDUCTION.
|
| Report Title: |
Income Tax; Mortgage Interest Deduction
|
| Description: |
Eliminates the mortgage interest deduction for second homes under Hawaii income tax law. Requires the Department of Taxation to calculate the savings and report the revenue gained to the Director of Finance by September 1 of each year.
|
| Companion: |
|
| Package: |
None
|
| Current Referral: |
WAM
|
| Introducer(s): |
CHANG, AQUINO, MCKELVEY, RHOADS, Kidani, Wakai
|
| Act: |
|
| Sort by Date | | Status Text |
| 12/11/2023 | D | Carried over to 2024 Regular Session. |
| 2/27/2023 | S | The committee on WAM deferred the measure. |
| 2/23/2023 | S | The committee(s) on WAM has scheduled a public hearing on 02-27-23 10:35AM; Conference Room 211 & Videoconference. |
| 1/20/2023 | S | Referred to WAM. |
| 1/18/2023 | S | Introduced and passed First Reading. |
| 1/17/2023 | S | Pending Introduction. |
S = Senate |
H = House |
D = Data Systems |
$ = Appropriation measure |
ConAm = Constitutional Amendment
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SB142