RELATING TO THE LOW-INCOME HOUSING TAX CREDIT.
Sponsored By: Troy N. Hashimoto (Democratic)
Passed House
Summary
Clarifies that a partner or member that is a partnership or limited liability company that has been allocated a low-income housing tax credit 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 7/1/3000. (HD1)
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Troy N. Hashimoto
Democratic • Senate
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Conference committee meeting to reconvene on 04-25-25 3:30 PM; Conference Room 016.
4/25/2025SenateConference committee meeting to reconvene on 04-25-25 4:30 PM; Conference Room 225.
4/25/2025SenateConference committee meeting to reconvene on 04-25-25 10:30AM; Conference Room 224.
4/24/2025SenateConference committee meeting to reconvene on 04-24-25 10:30AM; Conference Room 224.
4/23/2025SenateReceived notice of appointment of House conferees (Hse. Com. No. 795).
4/22/2025SenateBill scheduled for Conference Committee Meeting on Wednesday, 04-23-25 10:32AM in conference room 224.
4/22/2025HouseHouse Conferees Appointed: Evslin, Miyake Co-Chairs; Pierick.
4/21/2025HouseSenate Conferees Appointed: Chang Chair; Hashimoto Co-Chair; Kanuha, Fevella.
4/16/2025SenateReceived notice of Senate conferees (Sen. Com. No. 809).
4/16/2025HouseReceived from House (Hse. Com. No. 478).
4/4/2025SenateSenate disagrees with House amendments.
4/4/2025SenateReceived notice of disagreement (Sen. Com. No. 590).
4/4/2025HouseReported from FIN (Stand. Com. Rep. No. 1911), recommending passage on Third Reading.
4/3/2025HousePassed Third Reading with Representative(s) Iwamoto voting aye with reservations; Representative(s) Amato, Muraoka voting no (2) and Representative(s) Cochran, Woodson excused (2). Transmitted to Senate.
4/3/2025HouseThe committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 14 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Holt, Keohokapu-Lee Loy, Kitagawa, Kusch, Lamosao, Lee, M., Miyake, Morikawa, Templo, Alcos, Reyes Oda; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Representative(s) Hussey, Ward.
3/28/2025HouseThe committee(s) on FIN recommend(s) that the measure be deferred until 03-28-25.
3/27/2025HouseBill scheduled for decision making on Friday, 03-28-25 1:59PM in conference room 308 VIA VIDEOCONFERENCE.
3/27/2025HouseBill scheduled to be heard by FIN on Thursday, 03-27-25 3:30PM in House conference room 308 VIA VIDEOCONFERENCE.
3/24/2025HouseReported from HSG (Stand. Com. Rep. No. 1357) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
3/18/2025HousePassed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; Representative(s) Amato voting no (1) and Representative(s) Cochran, Ward excused (2).
3/18/2025HouseThe committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Evslin, Miyake, Grandinetti, Kila, Kitagawa, La Chica, Muraoka; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Representative(s) Cochran, Pierick.
3/14/2025HouseBill scheduled to be heard by HSG on Friday, 03-14-25 9:00AM in House conference room 430 VIA VIDEOCONFERENCE.
3/11/2025HousePass First Reading
3/6/2025HouseReferred to HSG, FIN, referral sheet 19
3/6/2025HouseReport adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
3/4/2025Senate
Bill Text
Bill Text
Original
SB944_HD1
SB944_SD1
SB944_SD2
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