States / Hawaii / HB 1208

HB 1208 In Committee

RELATING TO THE CONVEYANCE TAX.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Establishes the Homeless Services Special Fund. Allows counties to apply for matching funds from the Affordable Homeownership Revolving Fund for certain housing projects. Increases the conveyance tax rates for certain properties. Establishes conveyance tax rates for multifamily residential properties. Establishes new exemptions to the conveyance tax. Allocates collected conveyance taxes to the Affordable Homeownership Revolving Fund, Homeless Services Fund, and Dwelling Unit Revolving Fund. Amends allocations to the Land Conservation Fund and Rental Housing Revolving Fund. Effective 7/1/2026.

Chamber
House
Introduced
Jan 22, 2025
Last action
Jan 22, 2025 — Pending introduction.
Session
2026
Momentum
36 · Low