All Roll Calls
Yes: 5 • No: 0
HawaiiSB 26752025–2026 Regular Session (Year 2)Senate
RELATING TO THE LOW-INCOME HOUSING TAX CREDIT.
Sponsored By: Troy N. Hashimoto (Democratic)
Passed
Summary
Clarifies that a partner or member of a partnership or limited liability company that has been allocated a low-income housing tax credit issued after July 1, 2026, may either further allocate the credit or transfer, sell, or assign all or a portion of the credit to any taxpayer. Extends the sunset date of Act 129, SLH 2016, relating to the low-income housing tax credit, until 12/31/2032. Effective 7/1/2050. (SD1)
Low-Income Housing Tax CreditExtensionPartnersLimited Liability CompaniesHOU, WAM
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Troy N. Hashimoto
Democratic • Senate
Cosponsors
Stanley Chang
Democratic • Senate
III Richards
Democratic • Senate
Roll Call Votes
Senate vote • 2/10/2026
The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENT...
Yes: 5 • No: 0
Actions Timeline
Reported from HOU (Stand. Com. Rep. No. 2399) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2/19/2026SenateReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2/19/2026SenateThe committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 5 Aye(s): Senator(s) Chang, Hashimoto, Elefante, Rhoads, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
2/10/2026SenateThe committee(s) on HOU deferred the measure until 02-10-26 1:00PM; Conference Room 225 & Videoconference.
2/5/2026SenateThe committee(s) on HOU has scheduled a public hearing on 02-05-26 1:01PM; Conference Room 225 & Videoconference.
2/2/2026SenateReferred to HOU, WAM.
1/28/2026SenatePassed First Reading.
1/26/2026SenateIntroduced.
1/23/2026Senate
Bill Text
Bill Text
Original
SB2675_SD1
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