RELATING TO THE CONVEYANCE TAX.
Summary
Increases the rate of real estate conveyance tax for properties with a value of at least $2,000,000. Amends the calculation for the amount of conveyance taxes to be deposited into the rental housing revolving fund. Narrows the affordable housing exemption to include only real property subject to a government assistance program and used for the provision of affordable housing for qualified persons in the State. (SB2416 HD1)
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2018
Committee Review
Mar 2018
Senate Passage
Mar 2018
House Passage
Governor
Introduced Jan 19, 2018
Last action Mar 22, 2018
Floor votes
How they voted
This bill passed the Senate. No roll call record of that vote is available.
Full legislative history
Actions timeline
Total actions
19
Key actions
1
Committee
10
Mar 22, 2018
House · Referred to committee
Reported from HSG (Stand. Com. Rep. No. 1298-18) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
Mar 13, 2018
House · Reported by committee
The committees on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 5 Ayes: Representative(s) Brower, Nakamura, Aquino, Hashem, San Buenaventura; Ayes with reservations: none; 1 Noes: Representative(s) McDermott; and 1 Excused: Representative(s) Quinlan.
Mar 8, 2018
House · Referred to committee
Referred to HSG, FIN, referral sheet 35
Mar 6, 2018
House · Introduced
Received from Senate (Sen. Com. No. 178) in amended form (SD 2).
Mar 6, 2018
Senate · Passed
Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 24; Aye(s) with reservations: none . Noes, 1 (Senator(s) Riviere). Excused, 0 (none). Transmitted to House.
Feb 28, 2018
Senate · Reported by committee
The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 11 Aye(s): Senator(s) Dela Cruz, Keith-Agaran, English, Galuteria, Harimoto, Inouye, K. Kahele, Kidani, Riviere, Shimabukuro, Wakai; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
Feb 21, 2018
Senate · Reported by committee
The committee(s) on WAM will hold a public decision making on 02-28-18 11:00AM in conference room 211.
Feb 8, 2018
Senate · Referred to committee
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
Feb 8, 2018
Senate · Referred to committee
Reported from HOU (Stand. Com. Rep. No. 2057) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
Jan 30, 2018
Senate · Reported by committee
The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 4 Aye(s): Senator(s) Espero, Harimoto, Green, K. Kahele; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Nishihara.
Jan 25, 2018
Senate · Reported by committee
The committee(s) on HOU has scheduled a public hearing on 01-30-18 2:45PM in conference room 225.
Jan 22, 2018
Senate · Referred to committee
Referred to HOU, WAM.
Jan 19, 2018
Senate · Introduced
Introduced.
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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