Legislative record
HB 234STATE · HawaiiIntroduced
RELATING TO TAXATION OF REAL ESTATE INVESTMENT TRUSTS.
Disallows dividends paid deduction for real estate investment trusts. Specifies that amounts collected from the disallowance be evenly divided and deposited into the dwelling unit revolving fund and rental housing revolving fund. Applies to taxable years beginning after 12/31/2023. Sunsets 12/31/2026.
Voted 12/11/2023