HI SB2135 | 2018 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 19 2018 - 25% progression, died in committee
Action: 2018-01-22 - Referred to HOU, WAM.
Pending: Senate Housing Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Increases the cap amounts of the tax deduction for individual housing accounts. Authorizes certain funds from an individual housing account to be used to obtain rental housing. Authorizes the accounts to be placed in a community development financial institution. Repeals requirements for the payment of taxes on distributions used for the purchase of a first principal residence or to secure rental housing.

Tracking Information

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Title

Relating To Individual Housing Accounts.

Sponsors


History

DateChamberAction
2018-01-22SenateReferred to HOU, WAM.
2018-01-19SenatePassed First Reading.
2018-01-19SenateIntroduced.

Same As/Similar To

HB1746 (Same As) 2018-02-16 - Report adopted. referred to the committee(s) on FIN as amended in HD 2 with none voting aye with reservations; none voting no (0) and Representative(s) DeCoite, Ing, Nakamura, Onishi, Woodson excused (5).

Subjects


Hawaii State Sources


Bill Comments

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