HI HB2527 | 2020 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 7-0)
Status: Engrossed on February 27 2020 - 50% progression, died in chamber
Action: 2020-07-08 - Received notice of disagreement (Hse. Com. No. 417).
Text: Latest bill text (Amended) [HTML]
Status: Engrossed on February 27 2020 - 50% progression, died in chamber
Action: 2020-07-08 - Received notice of disagreement (Hse. Com. No. 417).
Text: Latest bill text (Amended) [HTML]
Summary
Specifies that certain provisions of the Internal Revenue Code related to at-risk rules and deductions and passive activity loss do not apply to the state low-income housing tax credit allocations after 12/31/2019. Extends the time period in which to claim the low-income housing tax credit. Enables state partnerships to claim the tax credit even if the partnerships are not considered partners for federal tax purposes. Takes effect on approval. (SD1)
Title
Relating To The Low-income Housing Tax Credit.
Sponsors
| Rep. Mark Hashem [D] | Rep. Tom Brower [D] | Rep. Lynn Decoite [D] | Sen. Troy Hashimoto [D] |
| Rep. James Tokioka [D] | Rep. Justin Woodson [D] | Rep. Kyle Yamashita [D] |
Roll Calls
2020-03-12 - Senate - Senate Housing: Passed, With Amendments (Y: 4 N: 0 NV: 0 Abs: 1) [PASS]
2020-02-20 - House - House Finance: Passed, Unamended (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2020-02-11 - House - House Housing: Passed, With Amendments (Y: 6 N: 0 NV: 0 Abs: 2) [PASS]
2020-02-20 - House - House Finance: Passed, Unamended (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2020-02-11 - House - House Housing: Passed, With Amendments (Y: 6 N: 0 NV: 0 Abs: 2) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2020-07-08 | Senate | Received notice of disagreement (Hse. Com. No. 417). |
| 2020-07-08 | House | House disagrees with Senate amendment (s). |
| 2020-07-06 | House | Returned from Senate (Sen. Com. No. 613) in amended form (SD 1). |
| 2020-07-06 | Senate | Report adopted; Passed Third Reading. Ayes, 24; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House. |
| 2020-07-02 | Senate | One Day Notice 07-06-20. |
| 2020-07-02 | Senate | Waived referral to WAM. |
| 2020-05-21 | Senate | Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. |
| 2020-05-21 | Senate | Reported from HOU (Stand. Com. Rep. No. 3628) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. |
| 2020-03-12 | Senate | 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) S. Chang, Kanuha, Moriwaki, L. Thielen; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella. |
| 2020-03-10 | Senate | The committee(s) on HOU deferred the measure until 03-12-20 1:15PM in conference room 225. |
| 2020-03-04 | Senate | The committee(s) on HOU has scheduled a public hearing on 03-10-20 1:45PM in conference room 225. |
| 2020-03-03 | Senate | Referred to HOU, WAM. |
| 2020-02-28 | Senate | Passed First Reading. |
| 2020-02-28 | Senate | Received from House (Hse. Com. No. 98). |
| 2020-02-27 | House | Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cabanilla Arakawa excused (1). Transmitted to Senate. |
| 2020-02-27 | House | Reported from FIN (Stand. Com. Rep. No. 744-20), recommending passage on Third Reading. |
| 2020-02-20 | House | The committees on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 15 Ayes: Representative(s) Luke, Cullen, Eli, Gates, Hashimoto, Holt, Kitagawa, B. Kobayashi, Matayoshi, Nakamura, Nishimoto, Todd, Wildberger, Yamashita, McDermott; Ayes with reservations: none; Noes: none; and Excused: none. |
| 2020-02-18 | House | Bill scheduled to be heard by FIN on Thursday, 02-20-20 1:00PM in House conference room 308. |
| 2020-02-14 | House | Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Holt, Takayama excused (2). |
| 2020-02-14 | House | Reported from HSG (Stand. Com. Rep. No. 484-20) as amended in HD 1, recommending passage on Second Reading and referral to FIN. |
| 2020-02-11 | House | The committees on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 6 Ayes: Representative(s) Brower, Matayoshi, Cullen, Hashimoto, Woodson, McDermott; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Aquino, Hashem. |
| 2020-02-07 | House | Bill scheduled to be heard by HSG on Tuesday, 02-11-20 10:15AM in House conference room 423. |
| 2020-01-30 | House | Re-referred to HSG, FIN, referral sheet 9 |
| 2020-01-27 | House | Referred to FIN, referral sheet 5 |
| 2020-01-23 | House | Introduced and Pass First Reading. |
| 2020-01-22 | House | Pending introduction. |
