RELATING TO TAXATION.
Sponsored By: Ikaika Hussey (Democratic)
In Committee
Summary
Establishes a tax credit for landlords who charge below-market rent and assesses an additional privilege tax on landowners who charge above-market rent, under certain conditions. Requires the Hawaii Housing Finance and Development Corporation to determine median market rent for rental units by geographic area for the purposes of the below-market rent tax credit and above-market rent tax.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Ikaika Hussey
Democratic • House
Cosponsors
Tina Nakada Grandinetti
Democratic • House
Rachele Lamosao
Democratic • Senate
Amy A. Perruso
Democratic • House
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Carried over to 2026 Regular Session.
12/8/2025Referred to ECD, CPC, FIN, referral sheet 4
1/27/2025HouseIntroduced and Pass First Reading.
1/23/2025HousePending introduction.
1/22/2025House
Bill Text
Original
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