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Legislative record

HB 2364STATE · HawaiiIn Committee

RELATING TO THE CONVEYANCE TAX.

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)

Voted 3/18/2024

Roll-call record

How representatives voted

24 yea·0 nay·3 other

Docket history

Action history

  1. 3/18/2024The committee(s) on HOU/WTL deleted the measure from the public hearing scheduled on 03-19-24 1:00PM; CR 225 & Videoconference.
  2. 3/14/2024The committee(s) on HOU/WTL has scheduled a public hearing on 03-19-24 1:00PM; Conference Room 225 & Videoconference.
  3. 3/7/2024Referred to HOU/WTL, WAM.
  4. 3/7/2024Passed First Reading.
  5. 3/7/2024Received from House (Hse. Com. No. 353).
  6. 3/5/2024Passed Third Reading as amended in HD 2 with none voting aye with reservations; Representative(s) Garcia, Kong, Pierick, Ward voting no (4) and Representative(s) Cochran, Woodson excused (2). Transmitted to Senate.
  7. 3/1/2024Forty-eight (48) hours notice Tuesday, 03-05-24.
  8. 3/1/2024Reported from FIN (Stand. Com. Rep. No. 1041-24) as amended in HD 2, recommending passage on Third Reading.
  9. 2/26/2024The 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.
  10. 2/23/2024Bill scheduled to be heard by FIN on Monday, 02-26-24 12:30PM in House conference room 308 VIA VIDEOCONFERENCE.