HB 2385: HHFDC; HOUSING DEVELOPMENT PROJECTS; GENERAL EXCISE TAX EXEMPTIONS; COUNTY HOUSING INCENTIVE PROGRAMS

Session Year: 2025-2026
House: House
Latest Version Date: 2026-04-29

Current Status:

In Progress

(2026-05-08: Received notice of passage on Final Reading in House (Hse. Com. No. 888).)

Introduced

In Committee

First Chamber

In Committee

Second Chamber

Final Decking

Enacted

Version:

Beginning 1/1/2027, authorizes the Hawaii Housing Finance and Development Corporation, instead of the counties, to approve and certify general excise tax exemptions for certain housing development projects developed under county housing incentive programs. Sunsets 7/1/2031. (CD1)

Discussed in Hearing