| Measure Title: |
RELATING TO THE CONVEYANCE TAX.
|
| Report Title: |
DHS; Affordable Housing; Conveyance Tax; Rates; Exemption; Homeless Services Special Fund; Affordable Homeownership Revolving Fund; Land Conservation Fund; Rental Housing Revolving Fund; Dwelling Unit Revolving Fund; Appropriation ($)
|
| Description: |
Establishes the Homeless Services Special Fund. Allows counties to apply for matching funds from the Affordable Homeownership Revolving Fund for certain housing projects. Increases the conveyance tax rates for certain properties. Establishes conveyance tax rates for multifamily residential properties. Establishes new exemptions to the conveyance tax. Allocates collected conveyance taxes to the Affordable Homeownership Revolving Fund, Homeless Services Fund, and Dwelling Unit Revolving Fund. Amends allocations to the Land Conservation Fund and Rental Housing Revolving Fund. Effective 7/1/2026.
|
| Companion: |
|
| Package: |
None
|
| Current Referral: |
HSG, HSH, FIN
|
| Introducer(s): |
BELATTI, GRANDINETTI, IWAMOTO, MARTEN, MURAOKA
|
| Act: |
|
| Sort by Date | Chamber | Status Text |
| 1/27/2025 | H | Referred to HSG, HSH, FIN, referral sheet 4 |
| 1/23/2025 | H | Introduced and Pass First Reading. |
| 1/22/2025 | H | Pending introduction. |
S = Senate |
H = House |
D = Data Systems |
$ = Appropriation measure |
ConAm = Constitutional Amendment
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HB1208