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HB 377 Hawaii House · 2025 Regular Session

RELATING TO THE CONVEYANCE TAX.

Summary
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 Special Fund and, and Dwelling Unit Revolving Fund. Amends allocations to the Land Conservation Fund and Rental Housing Revolving Fund.
Issues: ✓ Budget & TaxesSupports Budget & TaxesAllocates conveyance tax revenue to Homeless Services Fund and Affordable Homeownership Revolving Fund, directly funding essential public services and housing programs.90% confidence ✓ HousingSupports HousingEstablishes Homeless Services Fund and allocates conveyance taxes to Affordable Homeownership Revolving Fund, directly funding housing programs.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 16, 2025 Last action Jan 21, 2025
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Jan 21, 2025
Committee
Referred to HSG, HSH, FIN, referral sheet 1
lower
Jan 17, 2025
Introduced
Introduced and Pass First Reading.
lower
Jan 16, 2025
Introduced
Pending introduction.
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Nadine Nakamura
Nadine Nakamura
DDemocratic
HI
15