Stanley Chang
- Democratic
- Senator
- District 9
Primary
Eliminates the mortgage interest deduction for second homes under Hawaii income tax law. Requires the Department of Taxation to calculate the savings and transfer an equivalent amount of income taxes to the Director of Finance for deposit into the general fund. (SD1)
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
Reported from HOU (Stand. Com. Rep. No. 2475) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 5 Aye(s): Senator(s) Chang, Kanuha, Moriwaki, Rhoads, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
The committee(s) on HOU has scheduled a public hearing on 02-15-22 1:00PM; Conference Room 225 & Videoconference.
Passed First Reading.
Introduced.
| Bill Text Versions | Format |
|---|---|
| SB2255_SD1 | PDF HTML |
| SB2255 | PDF HTML |
| Document | Format |
|---|---|
| No related documents. |
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