Bills

HB 2147: Constitutional Amendment; Public Education; Residential Investment Property Surcharge

  • Session Year: 2025-2026
  • House: House
  • Latest Version Date: 2026-02-19

Current Status:

Failed

(2026-03-10: Referred to EIG/EDU, WAM/JDC.)

Introduced

In Committee

First Chamber

In Committee

Second Chamber

Final Decking

Enacted

What does this bill do?

The amendment would allow the state to add an extra charge to county property taxes on residential investment properties worth $3,000,000 or more, mainly affecting non‑owner‑occupied apartments and condos owned by investors. It removes the counties' exclusive control over real property taxation so the Legislature can create that surcharge. The surcharge would fund public education and would not apply to an owner's primary home or to affordable housing subject to a state or county regulatory agreement.

The summary is provided by generative AI which can make mistakes. For original language, please view the details in the table below.

Version:

Proposes amendments to the Hawaii State Constitution to repeal the counties' exclusive power to tax real property, and to authorize the Legislature to establish a state surcharge on real property taxes levied by the counties on certain residential investment properties, for the purpose of helping to fund public education for all of Hawaii's children and adults.  Effective 7/1/3000.  (HD2)

Discussed in Hearing

House Standing Committee on Finance 4MIN
Mar 3, 2026

House Standing Committee on Finance

House Standing Committee on Finance 1MIN
Mar 3, 2026

House Standing Committee on Finance

House Standing Committee on Judiciary & Hawaiian Affairs 11MIN
Feb 18, 2026

House Standing Committee on Judiciary & Hawaiian Affairs

House Standing Committee on Judiciary & Hawaiian Affairs 2MIN
Feb 18, 2026

House Standing Committee on Judiciary & Hawaiian Affairs

House Standing Committee on Education 7MIN
Feb 10, 2026

House Standing Committee on Education

House Standing Committee on Higher Education 7MIN
Feb 10, 2026

House Standing Committee on Higher Education

House Standing Committee on Education 1SEC
Feb 10, 2026

House Standing Committee on Education

House Standing Committee on Higher Education 1SEC
Feb 10, 2026

House Standing Committee on Higher Education

View Older Hearings
Authors shown for version:
HB2147_HD2 (2/19/2026)

Bill Author