SB 2012 Hawaii Senate · 2026 Regular Session

RELATING TO TAXATION.

SB 2012 removes a limit on the amount of property transfer tax revenue that must be directed to the land conservation fund. This change directly affects the land conservation fund by allowing it to receive all available conveyance tax revenue without a previously set maximum. The key mechanism is repealing the existing cap, meaning more funds could flow to land conservation projects as property transfers occur. This policy change shifts how tax revenue is allocated, increasing potential funding for land conservation efforts.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 14, 2026 Last action Jan 22, 2026
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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Jan 22, 2026
Committee
Referred to WLA, WAM.
upper
Jan 21, 2026
Introduced
Introduced and passed First Reading.
upper
Jan 14, 2026
Introduced
Pending Introduction.
upper
4 primary · 1 co-sponsor

Sponsors