Measure Title: RELATING TO THE LOW-INCOME HOUSING TAX CREDIT.
Report Title: Low-Income Housing Tax Credit; Extension; Partners; Limited Liability Companies
Description: Clarifies that a partner or member that is a partnership or limited liability company that has been allocated a low-income housing tax credit may either further allocate the credit or transfer, sell, or assign all or a portion of the credit to any person. Extends the sunset date of Act 129, SLH 2016, relating to the low-income housing tax credit, from 12/31/2027 to 12/31/2032. Effective 7/1/3000. (HD2)
Companion:
Package: None
Current Referral: HSG, ECD, FIN
Introducer(s): EVSLIN, MIYAKE
Act:

Sort by DateChamberStatus Text
2/12/2025HReport adopted; referred to the committee(s) on FIN as amended in HD 2 with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Sayama, Ward excused (3).
2/12/2025HReported from ECD (Stand. Com. Rep. No. 500) as amended in HD 2, recommending referral to FIN.
2/7/2025HThe committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Ilagan, Hussey, Holt, Tam, Templo, Todd, Matsumoto; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.
2/4/2025HBill scheduled to be heard by ECD on Friday, 02-07-25 10:15AM in House conference room 423 VIA VIDEOCONFERENCE.
2/4/2025HPassed Second Reading as amended in HD 1 and referred to the committee(s) on ECD with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Kong, Ward excused (3).
2/4/2025HReported from HSG (Stand. Com. Rep. No. 135) as amended in HD 1, recommending passage on Second Reading and referral to ECD.
1/29/2025HThe committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Evslin, Miyake, Grandinetti, Kila, Kitagawa, La Chica, Muraoka, Pierick; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Cochran.
1/27/2025HBill scheduled to be heard by HSG on Wednesday, 01-29-25 9:15AM in House conference room 430 VIA VIDEOCONFERENCE.
1/23/2025HReferred to HSG, ECD, FIN, referral sheet 3
1/23/2025HIntroduced and Pass First Reading.
1/21/2025HPending introduction.

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

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HB949 HD2

All Versions of this Measure

HB949_HD1 Link to HB949_HD1 .PDF file
HB949_HD2 Link to HB949_HD2 .PDF file
HB949 Link to HB949 .PDF file

Committee Reports

HB949_HD1_HSCR135_ Link to committee report HB949_HD1_HSCR135_ .PDF file
HB949_HD2_HSCR500_ Link to committee report HB949_HD2_HSCR500_ .PDF file

Testimony

HB949_TESTIMONY_HSG_01-29-25_
HB949_HD1_TESTIMONY_ECD_02-07-25_

Hearing Notices

HSG
1/29/25 9:15A
430 VIA VIDEOCONFERENCE
ECD
2/07/25 10:15A
423 VIA VIDEOCONFERENCE