RELATING TO VACANT HOMES.
Sponsored By: Kim Coco Iwamoto (Democratic)
Filed
Summary
Establishes a Vacant Homes Special Fund under the Hawaii Housing Finance and Development Corporation for rental assistance programs. Establishes a general excise tax surcharge on an owner that allows a residential real property to remain vacant for 180 days or more a year. Requires persons who own residential real property, but do not live there, to obtain a general excise tax license. Requires the counties to disclose to the Department of Taxation a list of properties classified as not being occupied by an owner of that property. Requires the Department of Business, Economic Development, and Tourism to calculate average annual rental value for the basis for the surcharge amount.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Kim Coco Iwamoto
Democratic • House
Cosponsors
Amy A. Perruso
Democratic • House
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Carried over to 2026 Regular Session.
12/8/2025Introduced and Pass First Reading.
1/21/2025HouseReferred to HSG, ECD, FIN, referral sheet 2
1/21/2025HousePending introduction.
1/17/2025House
Bill Text
Original
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