States / Hawaii / SB 3031

SB 3031 Passed First Chamber

RELATING TO THE CONVEYANCE TAX.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Renames the Beach Restoration Special Fund as the Beach Preservation and Restoration Fund. Establishes the Special Subaccount of the Special Fund. Requires that all conveyance tax revenues collected from the conveyance or transfer of real property located in whole or in part in a sea level rise exposure area be deposited into the special subaccount of the Special Fund. Allows funds in the special subaccount of the Special Fund to be used to acquire property. Effective 7/1/2050. (SD1)

Chamber
Senate
Introduced
Jan 23, 2026
Last action
Jan 23, 2026 — Introduced.
Session
2026
Momentum
56 · Moderate