HI SB1381 | 2019 | Regular Session
Note: Carry Foward to future SB1381
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 24 2019 - 25% progression, died in committee
Action: 2019-01-28 - Referred to WAM.
Pending: Senate Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 24 2019 - 25% progression, died in committee
Action: 2019-01-28 - Referred to WAM.
Pending: Senate Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Eliminates the mortgage interest deduction for second homes under Hawaii income tax law. Requires the department of taxation to calculate the savings and transfer an equivalent amount of income taxes to the director of finance for deposit into the rental housing revolving fund.
Title
Relating To The Mortgage Interest Deduction.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2019-01-28 | Senate | Referred to WAM. |
| 2019-01-24 | Senate | Passed First Reading. |
| 2019-01-24 | Senate | Introduced. |
Same As/Similar To
SB1381 (Carry Over) 2019-01-28 - Referred to WAM.
Subjects
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | https://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=SB&billnumber=1381&year=2019 |
| Text | https://www.capitol.hawaii.gov/session2019/bills/SB1381_.HTM |
