RELATING TO TAXATION.
Sponsored By: Angus L.K. McKelvey (Democratic)
In Committee
Summary
Provides that a tax credit for low-income housing that exceeds the taxpayer's income tax liability for a taxable year may be used as a credit against the taxpayer's income tax liability in subsequent taxable years, but not after the tenth subsequent taxable year.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Angus L.K. McKelvey
Democratic • Senate
Cosponsors
Stanley Chang
Democratic • Senate
Troy N. Hashimoto
Democratic • Senate
III Richards
Democratic • Senate
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Carried over to 2026 Regular Session.
12/8/2025Referred to WAM.
1/23/2025SenatePassed First Reading.
1/21/2025SenateIntroduced.
1/17/2025Senate
Bill Text
Original
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