BROWER
Primary
Specifies that certain provisions of the Internal Revenue Code related to at-risk rules and deductions and to passive activity loss do not apply with respect to claims for the state low-income housing tax credit. Caps the state low-income housing tax credit at fifty per cent of the federal low-income housing tax credit. Takes effect on 07/01/2050. (SD1)
Reported from HOU (Stand. Com. Rep. No. 3082) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 3 Aye(s): Senator(s) Espero, Harimoto, Green; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) K. Kahele, Nishihara.
The committee(s) on HOU has scheduled a public hearing on 03-13-18 2:45PM in conference room 225.
Received from House (Hse. Com. No. 232).
Passed First Reading.
Reported from FIN (Stand. Com. Rep. No. 923-18), recommending passage on Third Reading.
Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cachola, Ing, San Buenaventura, Say, Yamane excused (5). Transmitted to Senate.
The committees on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 11 Ayes: Representative(s) Luke, Cullen, Cachola, Fukumoto, Gates, Holt, Keohokalole, Kobayashi, Nakamura, Yamashita, Ward; Ayes with reservations: none; Noes: none; and 4 Excused: Representative(s) DeCoite, Lowen, Todd, Tupola.
Bill scheduled to be heard by FIN on Friday, 02-23-18 3:30PM in House conference room 308.
Reported from HSG (Stand. Com. Rep. No. 386-18) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Souki excused (1).
The committees on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 6 Ayes: Representative(s) Brower, Nakamura, Aquino, Hashem, San Buenaventura, McDermott; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Quinlan.
Bill scheduled to be heard by HSG on Thursday, 02-08-18 9:30AM in House conference room 423.
Introduced and Pass First Reading.
Pending introduction.
| Bill Text Versions | Format |
|---|---|
| HB2472 | HTML PDF |
| HB2472_HD1 | HTML PDF |
| Document | Format |
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| No related documents. |
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