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52Nov 3 election

Relating to the Low-income Housing Tax Credit.

It became law on Jul 9.

HI HB 1920 · House Bill · 2026

Stage
Became law
Started in
House
Sponsors
Latest action
Jul 9

Where it stands

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Jul 9

What it does

Clarifies that, for tax credits issued after 7/1/2026, 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. (CD1)

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Where it goes next

Law in Hawaii. Agencies now write the rules that carry it out, and courts can stay or strike it.

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Who is involved

Sponsors

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