HB 949: RELATING TO THE LOW-INCOME HOUSING TAX CREDIT.

Clarifies that 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, Session Laws of Hawaii 2016, relating to the low-income housing tax credit, from 12/31/2027 to 12/31/2032.