| 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: |
SB1214
|
| Package: |
None
|
| Current Referral: |
HSG, ECD, FIN
|
| Introducer(s): |
IWAMOTO, PERRUSO
|
| Act: |
|
| Sort by Date | Chamber | Status Text |
| 1/21/2025 | H | Referred to HSG, ECD, FIN, referral sheet 2 |
| 1/21/2025 | H | Introduced and Pass First Reading. |
| 1/17/2025 | H | Pending introduction. |
S = Senate |
H = House |
D = Data Systems |
$ = Appropriation measure |
ConAm = Constitutional Amendment
Some of the above items require Adobe Acrobat Reader. Please visit
Adobe's download page
for detailed instructions.
HB489