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in committee · Hawaii · Senate Jan 17, 2019

SB 13: RELATING TO THE CONVEYANCE TAX.

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. Exempts from conveyance taxes documents and instruments conveying real property subject to a government assistance program and used for the provision of affordable housing for qualified persons in the State.
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