HawaiiRELATING TO THE CONVEYANCE TAX.
What it does
Renames the Beach Restoration Special Fund as the Beach Preservation and Restoration Fund. Establishes the Special Subaccount of the Special Fund. Requires that all conveyance tax revenues collected from the conveyance or transfer of real property located in whole or in part in a sea level rise exposure area be deposited into the special subaccount of the Special Fund.
More detail
Allows funds in the special subaccount of the Special Fund to be used to acquire property. Effective 7/1/2050. (SD1)
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Feb 20Reported from WLA (Stand. Com. Rep. No. 2521) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.Latest
- Feb 20Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.Minor
- Feb 13The committee(s) on WLA recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WLA were as follows: 4 Aye(s): Senator(s) Lee, C., Inouye, Lamosao, DeCorte; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Chang.Minor
- Vote recorded The committee(s) on WLA recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
- Feb 6The committee(s) on WLA deferred the measure until 02-13-26 1:00PM; CR 224 & Videoconference.Minor
- Feb 3The committee(s) on WLA has scheduled a public hearing on 02-06-26 1:00PM; CR 224 & Videoconference.
- Jan 30Referred to WLA, WAM.Minor
- Jan 26Passed First Reading.Minor
- Jan 23Introduced.Introduced