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Legislative record

HB 1918STATE · HawaiiIntroduced

RELATING TO TAXATION.

Imposes conveyance tax on the transfer of a controlling interest of an entity with an interest in real property. Stipulates that the imposition of the conveyance tax on transfers of entity ownership shall not apply to any transfer of interest or acquisition between entities wholly owned by the same common ownership that results in no change in the beneficial ownership. Imposes the conveyance tax on certain transfers of real property at the lowest tax rate. Imposes liability on the transferee in the event that the transferor of the controlling interest does not pay the tax due. Effective 1/1/3028. (SD1)

Voted 3/30/2026View source

Roll-call record

How representatives voted

27 yea·3 nay·1 other

Docket history

Action history

  1. 3/30/2026Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
  2. 3/30/2026Reported from WLA (Stand. Com. Rep. No. 3249) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
  3. 3/18/2026The committee(s) on WLA recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WLA were as follows: 4 Aye(s): Senator(s) Lee, C., Inouye, Chang, Lamosao; Aye(s) with reservations: none ; 1 No(es): Senator(s) DeCorte; and 0 Excused: none.
  4. 3/16/2026The committee(s) on WLA deferred the measure until 03-18-26 1:05PM; Conference Room 224 & Videoconference.
  5. 3/12/2026The committee(s) on WLA has scheduled a public hearing on 03-16-26 1:00PM; Conference Room 224 & Videoconference.
  6. 3/10/2026Referred to WLA, WAM.
  7. 3/6/2026Passed First Reading.
  8. 3/6/2026Received from House (Hse. Com. No. 61).
  9. 3/5/2026Passed Third Reading with none voting aye with reservations; Representative(s) Alcos, Garcia, Gedeon, Kong, Matsumoto, Muraoka, Pierick, Reyes Oda, Shimizu voting no (9) and Representative(s) Perruso excused (1). Transmitted to Senate.
  10. 3/5/2026Reported from FIN (Stand. Com. Rep. No. 890-26), recommending passage on Third Reading.