HI SB2697 | 2020 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 9-0)
Status: Engrossed on March 3 2020 - 50% progression, died in committee
Action: 2020-06-25 - Passed Second Reading and referred to the committee(s) on FIN with Representative(s) Okimoto, Quinlan voting aye with reservations; none voting no (0) and Representative(s) Cabanilla Arakawa, Matayoshi excused (2).
Pending: House Finance Committee
Text: Latest bill text (Amended) [HTML]
Status: Engrossed on March 3 2020 - 50% progression, died in committee
Action: 2020-06-25 - Passed Second Reading and referred to the committee(s) on FIN with Representative(s) Okimoto, Quinlan voting aye with reservations; none voting no (0) and Representative(s) Cabanilla Arakawa, Matayoshi excused (2).
Pending: House Finance Committee
Text: Latest bill text (Amended) [HTML]
Summary
Disallows dividends paid deduction for real estate investment trusts, except for real estate investment trusts that provide affordable housing in the State. Effective 7/1/2050. Applies to taxable years beginning after 12/31/2020. Sunsets 12/31/2023. (SD1)
Title
Relating To Taxation Of Real Estate Investment Trusts.
Sponsors
Roll Calls
2020-06-22 - House - House Economic Development & Business: Passed, Unamended (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]
2020-02-27 - Senate - Senate Ways and Means: Passed, With Amendments (Y: 10 N: 0 NV: 0 Abs: 3) [PASS]
2020-02-27 - Senate - Senate Ways and Means: Passed, With Amendments (Y: 10 N: 0 NV: 0 Abs: 3) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2020-06-25 | House | Passed Second Reading and referred to the committee(s) on FIN with Representative(s) Okimoto, Quinlan voting aye with reservations; none voting no (0) and Representative(s) Cabanilla Arakawa, Matayoshi excused (2). |
| 2020-06-25 | House | Reported from EDB (Stand. Com. Rep. No. 1225-20), recommending passage on Second Reading and referral to FIN. |
| 2020-06-22 | House | The committees on EDB recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 8 Ayes: Representative(s) McKelvey, Kitagawa, Eli, Ichiyama, Johanson, Yamashita, Matsumoto; Ayes with reservations: Representative(s) Quinlan; 0 Noes: none; and 0 Excused: none. |
| 2020-06-19 | House | Bill scheduled to be heard by EDB on Monday, 06-22-20 11:00AM in House conference room 329. |
| 2020-03-16 | House | This measure has been deleted from the meeting scheduled on Wednesday 03-18-20 10:30AM in conference room 309. |
| 2020-03-13 | House | Bill scheduled for decision making on Wednesday, 03-18-20 10:30AM in conference room 309. |
| 2020-03-13 | House | The committee(s) on EDB recommend(s) that the measure be deferred until 03-18-20. |
| 2020-03-10 | House | Bill scheduled to be heard by EDB on Friday, 03-13-20 9:45AM in House conference room 309. |
| 2020-03-09 | House | Referred to EDB, FIN, referral sheet 36 |
| 2020-03-05 | House | Pass First Reading |
| 2020-03-03 | House | Received from Senate (Sen. Com. No. 338) in amended form (SD 1). |
| 2020-03-03 | Senate | Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House. |
| 2020-02-28 | Senate | 48 Hrs. Notice 03-03-20. |
| 2020-02-28 | Senate | Report adopted; Passed Second Reading, as amended (SD 1). |
| 2020-02-28 | Senate | Reported from WAM (Stand. Com. Rep. No. 3095) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading. |
| 2020-02-27 | Senate | The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 10 Aye(s): Senator(s) Dela Cruz, Keith-Agaran, Harimoto, Inouye, K. Kahele, Kanuha, Kidani, Moriwaki, Riviere, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 3 Excused: Senator(s) English, Shimabukuro, Taniguchi. |
| 2020-02-18 | Senate | The committee(s) on WAM deferred the measure until 02-27-20 10:30AM in conference room 211. |
| 2020-02-13 | Senate | The committee(s) on WAM has scheduled a public hearing on 02-18-20 10:30AM in conference room 211. |
| 2020-01-27 | Senate | Referred to WAM. |
| 2020-01-21 | Senate | Passed First Reading. |
| 2020-01-17 | Senate | Introduced. |
Same As/Similar To
HB2605 (Same As) 2020-02-14 - Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with Representative(s) Har voting aye with reservations; Representative(s) Okimoto voting no (1) and Representative(s) Holt, Takayama excused (2).
