SB 2451: DEPARTMENT OF BUDGET AND FINANCE; DEPARTMENT OF TAXATION; HOME MORTGAGE INTEREST DEDUCTION; INCOME TAX; REPORTS
- Session Year: 2025-2026
- House: Senate
- Latest Version Date: 2026-02-18
Current Status:
In Progress
(2026-02-19: Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Version:
Eliminates the home mortgage interest deduction for second homes not used as a primary residence under Hawaii income tax law. Requires reports to the Legislature. Effective 7/1/2050. (SD1)
Discussed in Hearing
Feb 10, 2026
Senate Standing Committee on Health and Human Services
Feb 10, 2026
Senate Standing Committee on Housing
Feb 5, 2026
Senate Standing Committee on Housing
Feb 5, 2026