Bill Text: HI HB2034 | 2024 | Regular Session | Introduced
Bill Title: Relating To Housing.
Spectrum: Partisan Bill (Democrat 10-0)
Status: (Introduced) 2024-01-24 - Referred to JHA, FIN, referral sheet 2 [HB2034 Detail]
Download: Hawaii-2024-HB2034-Introduced.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
2034 |
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THIRTY-SECOND LEGISLATURE, 2024 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO HOUSING.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
The purpose of this Act is to exempt any development of homestead lots or housing for the department of Hawaiian home lands from general excise and use taxes.
SECTION 2. Chapter 237, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:
"§237- Exemptions
for any development of homestead lots or housing for the department of Hawaiian
home lands. (a)
Any amounts related to planning, design, financing, or construction
activities conducted by a qualified person or firm for a new construction,
moderate rehabilitation, or substantial rehabilitation project for homestead
lots or housing for the department of Hawaiian home lands shall be exempted
from the tax imposed by this chapter.
The project may also be developed:
(1) Under
a government assistance program approved by the department of Hawaiian home
lands;
(2) Under
the sponsorship of a nonprofit organization providing home rehabilitation or
new homes on Hawaiian home lands for qualified families in need of decent,
low-cost housing; or
(3) To provide affordable rental housing where at least fifty per cent of the available units are for households with incomes at or below eighty per cent of the area median family income, as determined by the United States Department of Housing and Urban Development.
(b) All claims for exemption under this section
shall be filed with and certified by the department of Hawaiian home lands and
forwarded to the department of taxation by the claimant. Any claim for exemption that is filed and
approved shall not be considered a subsidy.
(c) The department of Hawaiian home lands may
establish, revise, charge, and collect a reasonable service fee in connection
with its approvals and certifications of the exemption under this section. The fees shall be deposited into the Hawaiian
home operating fund pursuant to section 213(e) of the Hawaiian Homes Commission
Act, 1920, as amended.
(d) For the purposes of this section:
"Homestead
lot" means a lot of residential, agricultural, or pastoral use to be
awarded pursuant to the Hawaiian Homes Commission Act, 1920, as amended,
including but not limited to on- and off-site infrastructure requirements,
appurtenances, and dwelling units.
"Moderate
rehabilitation" shall have the same meaning as defined in section 201H-36.
"Qualified
person or firm" means any individual, partnership, joint venture,
corporation, association, limited liability partnership, limited liability
company, business, trust, or any organized group of persons or legal entities,
or any combination thereof, that possesses all professional or vocational
licenses necessary to do business in the State.
"Substantial
rehabilitation" shall have the same meaning as defined in section 201H-36."
SECTION 3. Section 238-3, Hawaii Revised Statutes, is amended by amending subsection (j) to read as follows:
"(j)
The tax imposed by this chapter shall not apply to any use of property,
services, or contracting exempted by section 237-26 [or section],
237-29[.], or 237- ."
SECTION 4. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 5. This Act shall take effect on January 1, 2025.
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INTRODUCED BY: |
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Report Title:
DHHL; General Excise Tax Exemption; Use Tax Exemption
Description:
Exempts any development of homestead lots or housing for the Department of Hawaiian Home Lands from general excise and use taxes.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
