RELATING TO HOUSING.
Sponsored By: Dru Mamo Kanuha (Democratic)
In Committee
Summary
Restructures the conveyance tax to a marginal rate system for the sale of properties with residential use, adjusts the tax for multifamily properties to reflect value on a per-unit basis, and applies a cost-of-living adjustment to conveyance tax rates. Allocates revenues from conveyance tax collections. Allocates a portion of conveyance tax collections to the Dwelling Unit Revolving Fund to fund infrastructure programs in county-designated transit-oriented development areas that meet minimum standards of transit-supportive density. Allocates a portion of conveyance tax revenues to the Hawaiian Home Lands Trust Fund.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Dru Mamo Kanuha
Democratic • Senate
Cosponsors
Stanley Chang
Democratic • Senate
III Richards
Democratic • Senate
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Referred to WLA/HOU/HWN, WAM.
1/28/2026SenatePassed First Reading.
1/26/2026SenateIntroduced.
1/23/2026Senate
Bill Text
Original
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