HB 2444 increases the state tax credit available to low-income household renters, raising the amount from $50 to $100 for each tax exemption claimed by the taxpayer. This change directly affects renters who qualify as low-income and claim tax exemptions, providing them with greater financial relief through their state tax return. The key provision is the specific dollar amount increase per exemption, making the credit more substantial for eligible households. The bill does not alter eligibility criteria or introduce new administrative requirements.
HB 1756 updates the Individual Housing Account Program statute to adjust how down-payment costs are calculated, ensuring the program reflects current housing market prices. This change directly affects individuals using the program to save for home purchases by aligning eligibility and contribution requirements with present-day housing costs. The bill modifies the statutory formula used to determine down-payment assistance amounts, removing outdated cost references to better serve participants. (3 sentences)
Establishes a two-year-pilot program within the Department of Human Services to provide temporary financial stabilization assistance to families with students identified as experiencing homelessness. Funds the program through the Department of Human Services using allowable Temporary Assistance for Needy Families funds. Requires Department of Education Complex Area Community Homeless Concerns Liaison to make approved purchases. Effective 7/1/3000. (HD2)
Establishes a working group to revise the Hawaii Housing Finance and Development Corporation's Qualified Allocation Plan and propose revisions to the prioritization of the Rental Housing Revolving Fund and the terms of loans made from the Rental Housing Revolving Fund. Appropriates funds. Effective 7/1/3000. (HD1)
Appropriates funds to the Department of Housing and Land Management and Department of Design and Construction of the City and County of Honolulu as grants‑in-aid to comply with the requirements of Act 206, SLH 2017, and Act 210, SLH 2018. Effective 7/1/3000. (HD1)
Applies the retail or higher general excise tax or use tax rate to purchases or imports of new motor vehicles by rental car companies and requires the revenue to be deposited into the Hawaiian Home Lands Special Fund. Establishes the Hawaiian Home Lands Special Fund. Appropriates funds for a position in the Department of Taxation. Appropriates funds out of the Hawaiian Home Lands Special Fund. Effective 7/1/3000. (HD2)
Requires landlords or landlord's agents to accept comprehensive reusable tenant screening reports, if made available by an applicant, and prohibits application fees in such cases. Establishes remedies for refusing to accept those reports. Effective 7/1/3000. (HD1)
Specifies the conditions upon which the Hawaii Housing Finance and Development Corporation may transfer moneys from within the Rental Housing Revolving Fund to a subaccount and between subaccounts of the revolving fund. Authorizes the Rental Housing Revolving Fund to be used to provide any and all forms of financing. Expands the funding priorities of, and appropriates funds into and out of, the Mixed-Income Subaccount. Effective 7/1/3000. (HD1)
Establishes a 5-year Hawaii Builds Pilot Program within the Hawaii Housing Finance and Development Corporation and designates projects that meet specific requirements as Hawaii Builds Pilot Projects. Authorizes the Corporation to deploy moneys from the Dwelling Unit Revolving Fund for predevelopment activities or as active construction equity. Requires annual reports to the Legislature. Sunsets 6/30/2031. Effective 7/1/3000. (HD1)
Requires a licensed real estate broker or salesperson to provide written disclosure to the seller when marketing residential real property through a private or off-market listing. Includes failure to provide the written disclosure as grounds for disciplinary action against a licensed real estate broker or salesperson. Effective 7/1/3000. (HD1)
