RELATING TO THE LOW-INCOME HOUSING TAX CREDIT.
Sponsored By: Mark J. Hashem (Democratic)
In Committee
Summary
Allows tax credits claimed under the State Low-Income Housing Tax Credit Program to be used to offset taxes imposed by the state transient accommodations tax law. Specifies that tax credit amounts applied to state transient accommodations taxes be limited to state transient accommodations taxes imposed in the same county in which the qualified low-income building is located. Makes permanent Act 129, SLH 2016. Effective 7/1/3000. (HD1)
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Mark J. Hashem
Democratic • House
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
The committee(s) on TOU/ECD recommend(s) that the measure be deferred.
2/11/2025HouseBill scheduled to be heard by TOU/ECD on Tuesday, 02-11-25 10:30AM in House conference room 423 VIA VIDEOCONFERENCE.
2/7/2025HouseReported from HSG (Stand. Com. Rep. No. 139) as amended in HD 1, recommending passage on Second Reading and referral to TOU/ECD.
2/4/2025HousePassed Second Reading as amended in HD 1 and referred to the committee(s) on TOU/ECD with Representative(s) Garcia voting aye with reservations; none voting no (0) and Representative(s) Cochran, Kong, Ward excused (3).
2/4/2025HouseThe committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Evslin, Miyake, Grandinetti, Kila, Kitagawa, La Chica, Pierick; Ayes with reservations: Representative(s) Muraoka; Noes: none; and 1 Excused: Representative(s) Cochran.
1/29/2025HouseBill scheduled to be heard by HSG on Wednesday, 01-29-25 9:15AM in House conference room 430 VIA VIDEOCONFERENCE.
1/27/2025HouseIntroduced and Pass First Reading.
1/23/2025HouseReferred to HSG, TOU/ECD, FIN, referral sheet 3
1/23/2025HousePending introduction.
1/21/2025House
Bill Text
Bill Text
HB916_HD1
Original
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