Hawaii State Legislature
2005 Legislative Session

HB1554 HD2 SD2 CD1

Generated on 8/9/2005 10:39:54 AM

Measure Title: RELATING TO LEASEHOLD CONVERSION.
Report Title: Leased Fee Interest Sale; Exclusion from taxable income
Description: Excludes from taxable income 50% capital gains realized, not to exceed $75,000 in the aggregate for all taxpayers, during taxable year 2006 from sale of leased fee interest in residential house lot or multi-family residential leasehold property to the lessee. (CD1)
Package: None
Companion:SB1793
Introducer(s): HIRAKI
Current Referral:CPH, WAM

Date Status Text
1/27/2005HIntroduced and Pass First Reading
1/31/2005HReferred to WLO/HSG, CPC, FIN, referral sheet 7
2/2/2005HBill scheduled to be heard by WLO/HSG on Wednesday, 02-09-05 at 8:30 am in House conference room 329.
2/9/2005HThe committees on WLO recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Kanoho, Schatz, Berg, Carroll, Waters, Meyer, Thielen; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Representative(s) Evans, Morita.
2/9/2005HThe committees on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Kahikina, Nishimoto, Green, Hale, Kawakami, Sonson, Halford; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Representative(s) Arakaki, Pine.
2/10/2005HReported from the committee on WLO/HSG (Stand. Com. Rep. No. 169) as amended in (HD 1), recommending passage on Second Reading and referral to the committee on CPC.
2/11/2005HPassed Second Reading as amended in (HD 1) and referred to the committee(s) on CPC with none voting no and Representative(s) Herkes, Morita, Souki, Takamine excused.
2/11/2005HBill scheduled to be heard by CPC on Monday, 02-14-05 at 2:00 pm in House conference room 325.
2/14/2005HThe committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Hiraki, Schatz, Herkes, Ito, Kanoho, Morita, Sonson, Souki; Ayes with reservations: none; 0 Noes: none; and 4 Excused: Caldwell, Saiki, Marumoto, Stonebraker.
2/17/2005HReported from the committee on CPC (Stand. Com. Rep. No. 415) as amended in (HD 2), recommending referral to the committee on FIN.
2/18/2005HReport adopted. referred to the committee(s) on FIN as amended in (HD 2) with none voting no and Representative(s) Souki, Takumi excused.
2/23/2005HBill scheduled to be heard by FIN on Friday, 02-25-05 at 12:15 pm in House conference room 308.
2/25/2005HThe committees on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 14 Ayes: Representative(s) Kawakami, Chong, Karamatsu, Lee, Magaoay, Nakasone, Nishimoto, Tanaka, Tsuji, Wakai, Yamane, Yamashita, Fox, Meyer; Ayes with reservations: none; 1 Noes: Representative(s) Moses; and 4 Excused: Representative(s) Takamine, Carroll, Evans, Pine.
3/3/2005HReported from the committee on FIN (Stand. Com. Rep. No. 791), recommending passage on Third Reading.
3/4/2005HPassed Third Reading as amended in (HD 2) with none voting no and Representative(s) Arakaki, Herkes, Saiki, Takai excused.
3/4/2005HTransmitted to Senate.
3/8/2005SReceived from House (Hse. Com. No. 103).
3/8/2005SPassed First Reading.
3/8/2005SDeferred until 03/10/05.
3/10/2005SReferred to CPH, WAM.
3/16/2005SThe committee(s) on CPH has scheduled a public hearing on 03-21-05 at 9:00 am in conference room 016.
3/21/2005SThe committee(s) on CPH recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPH were as follows: 4 Aye(s): Senator(s) Menor, Baker, Espero, Hogue; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Ige, Sakamoto.
3/23/2005SReported from CPH (Stand. Com. Rep. No. 1105) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
3/23/2005SReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
4/6/2005SThe committee on WAM will hold a public decision making on 04-08-05 at 10:00 am in conference room 211.
4/8/2005SThe committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 14 Aye(s): Senator(s) Taniguchi, Tsutsui, English, Espero, Fukunaga, Hooser, Inouye, Kanno, Kim, Kokubun, Nishihara, Hemmings, Slom, Trimble; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Sakamoto.
4/8/2005SReported from WAM (Stand. Com. Rep. No. 1618) with recommendation of passage on Third Reading, as amended (SD 2).
4/8/2005S48 Hrs. Notice 04-12-05.
4/12/2005SPassed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
4/12/2005HReturned from Senate (Sen. Com. No. 614) in amended form (SD 2).
4/14/2005HHouse disagrees with Senate amendment (s).
4/15/2005SReceived notice of disagreement (Hse. Com. No. 606).
4/18/2005HHouse conferees appointed: Kanoho, Kahikina, Hiraki, Nishimoto Co-Chairs; Fox.
4/18/2005SSenate Conferees appointed: Menor, Chair; Taniguchi, Co-Chair(s); Espero, Tsutsui, Hogue.
4/18/2005HReceived notice of Senate conferees (Sen. Com. No. 717).
4/20/2005SReceived notice of appointment of House conferees (Hse. Com. No. 662).
4/22/2005HBill scheduled for Conference Committee Meeting on Monday, 04-25-05 at 3:00 pm in conference room 312.
4/25/2005HConference Committee Meeting will reconvene on Thursday 04-28-05 at 3:00 pm in conference room 312.
4/28/2005HConference Committee Meeting will reconvene on Friday 04-29-05 at 10:30 am in conference room 016.
4/29/2005HConference Committee Meeting will reconvene on Friday, 04-29-05 at 2:00 pm in Conference Room 016.
4/29/2005HConference Committee Meeting will reconvene on Friday, 04-29-05 at 2:00 pm in Conference Room 016.
4/29/2005HThe Conference Committee recommends that the measure be Passed, with Amendments.The votes were as follows: 4 Ayes: Representative(s) Kanoho, Kahikina, Nishimoto; Ayes with reservations: Representative(s) Fox; 0 Noes: none; and 1 Excused: Representative(s) Hiraki.
4/29/2005SThe Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 4 Aye(s): Senator(s) Menor, Taniguchi, Espero; Aye(s) with reservations: Senator(s) Hogue ; 0 No(es): none; and 1 Excused: Senator(s) Tsutsui.
4/29/2005HReported from Conference Committee (Conf Com. Rep. No. 147) as amended in (CD 1).
4/29/2005SReported from Conf. Com. as amended CD 1 (Conf. Com. Rep. No. 147).
4/29/2005S48 Hrs. Notice (as amended CD 1) 05-03-05.
4/29/2005HForty-eight (48) hours notice 05-03-05.
5/3/2005SPassed Final Reading, as amended (CD 1). 24 Aye(s); Aye(s) with reservations: Senator(s) Hogue, Trimble. 0 No(es): none. 1 Excused: Senator(s) Ige.
5/3/2005HPassed Final Reading as amended in (CD 1) with none voting no and none excused.
5/5/2005SReceived notice of passage on Final Reading in House (Hse. Com. No. 776).
5/4/2005HReceived notice of Final Reading (Sen. Com. No. 800).
5/5/2005HTransmitted to Governor.
6/27/2005SNotice of Intent to veto dated 6/27/2005 (Gov. Msg. No. 985)
6/27/2005HNotice of intent to veto (Gov. Msg. No. 365)
7/11/2005SVetoed on 7/11/2005 - Returned from the Governor without approval (Gov. Msg. No. 1058).
7/11/2005HVetoed (Gov. Msg. No. 428).

$ = Appropriation measure
ConAm = Constitutional Amendment