Report Title: Conveyance Tax Rates and Exemptions; Multifamily Residential Properties; Land Conservation Fund; Rental Housing Revolving Fund; Dwelling Unit Revolving Fund; Allocations
Description: Amends the conveyance tax rate for certain properties. Exempts conveyances of certain real property from the conveyance tax. Establishes a new conveyance tax rate for multifamily residential properties. Eliminates the cap on the amount of conveyance tax collections allocated to the Land Conservation Fund and Rental Housing Revolving Fund. Allocates ten percent of conveyance tax collections to the Dwelling Unit Revolving Fund for the purpose of funding infrastructure programs in transit-oriented development areas. Effective 7/1/3000. (HD2)
Companion:  SB3053
Package: Governor
Current Referral: HSG/WAL, FIN
Introducer(s): SAIKI (Introduced by request of another party)

Sort by Date Status Text
3/1/2024HForty-eight (48) hours notice Tuesday, 03-05-24.
3/1/2024HReported from FIN (Stand. Com. Rep. No. 1041-24) as amended in HD 2, recommending passage on Third Reading.
2/26/2024HThe committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 15 Ayes: Representative(s) Yamashita, Kitagawa, Chun, Garrett, Kahaloa, Kila, Kobayashi, Lamosao, Morikawa, Nishimoto, Poepoe, Takenouchi; Ayes with reservations: Representative(s) Aiu, Alcos, Ward; Noes: none; and 1 Excused: Representative(s) Cochran.
2/23/2024HBill scheduled to be heard by FIN on Monday, 02-26-24 12:30PM in House conference room 308 VIA VIDEOCONFERENCE.
2/14/2024HPassed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with Representative(s) Alcos voting aye with reservations; Representative(s) Garcia, Pierick voting no (2) and Representative(s) Matayoshi, Takayama, Todd excused (3).
2/14/2024HReported from HSG/WAL (Stand. Com. Rep. No. 332-24) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
2/7/2024HThe committee on WAL recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Ichiyama, Poepoe, Chun, Hashem, Morikawa, Takayama, Souza; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Ganaden, M. Mizuno.
2/7/2024HThe committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Evslin, Aiu, Kila, Kitagawa, Miyake, Onishi, Todd, Matsumoto; Ayes with reservations: none; Noes: none; and Excused: none.
2/5/2024HBill scheduled to be heard by HSG/WAL on Wednesday, 02-07-24 8:30AM in House conference room 430 VIA VIDEOCONFERENCE.
1/26/2024HReferred to HSG/WAL, FIN, referral sheet 3
1/24/2024HIntroduced and Pass First Reading.
1/22/2024HPending introduction.

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

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HB2364 HD2
All Versions of this Measure
Hearing Notices
2/07/24 8:30A
2/26/24 12:30P