31st Legislature, 2021
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SB37       (?)


Measure Title: RELATING TO THE MORTGAGE INTEREST DEDUCTION.
Report Title: Income Tax; Mortgage Interest Deduction; Rental Housing Revolving Fund
Description: 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.
Companion:
Package: None
Current Referral: WAM
Introducer(s): CHANG, DELA CRUZ, KEOHOKALOLE, LEE, MISALUCHA, RHOADS, Baker, Gabbard, Taniguchi

Sort by Date Status Text
1/21/2021SIntroduced.
1/21/2021SPassed First Reading.
1/22/2021SReferred to WAM.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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SB37




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