Measure Title: RELATING TO TAXATION.
Report Title: Department of Taxation; Income Tax Credit; Hurricane Resistance Retrofit; General Excise Tax; Rate Reduction
Description: Establishes a nonrefundable individual income tax credit for a certain percentage of expenses paid to retrofit a residence with wind resistive devices or to purchase, install, or construct, a hurricane shelter on the taxpayer's property. Reduces the general excise tax rate on the gross proceeds or income from the sale of a concrete certified hurricane-resistant residential project or certain hurricane-resistant components of a high-rise condominium. Applies to taxable years beginning after 12/31/2026. Sunsets 12/31/2030.
Companion:  HB2526
Package: None
Current Referral: CPN, WAM
Introducer(s): GABBARD
Act:

Sort by DateChamberStatus Text
2/13/2026SThe committee(s) on CPN has scheduled a public hearing on 02-18-26 9:30AM; Conference Room 229 & Videoconference.
1/30/2026SReferred to CPN, WAM.
1/26/2026SPassed First Reading.
1/23/2026SIntroduced.

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

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SB2884

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CPN
2/18/26 9:30A
CR 229 & Videoconference