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, SLH 2016, relating to the low-income housing tax credit, until 12/31/2032. Effective 7/1/3000.
More detail
(HD1)
2
Where do you stand?
Choose your position
3
Tell your reps
Take a position to see your representatives and ways to contact them.
4
More on this bill
Where it stands
Introduced
Passed Senate
Passed House
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2025
Apr 25Conference committee meeting to reconvene on 04-25-25 3:30 PM; Conference Room 016.Latest
Apr 25Conference committee meeting to reconvene on 04-25-25 4:30 PM; Conference Room 225.
Apr 24Conference committee meeting to reconvene on 04-25-25 10:30AM; Conference Room 224.
Apr 23Conference committee meeting to reconvene on 04-24-25 10:30AM; Conference Room 224.
Apr 22Received notice of appointment of House conferees (Hse. Com. No. 795).Minor
Apr 22Bill scheduled for Conference Committee Meeting on Wednesday, 04-23-25 10:32AM in conference room 224.
Apr 16Received notice of Senate conferees (Sen. Com. No. 809).Minor
Apr 4Received from House (Hse. Com. No. 478).Minor
Apr 4Senate disagrees with House amendments.Minor
Apr 4Received notice of disagreement (Sen. Com. No. 590).Minor
Apr 3Reported from FIN (Stand. Com. Rep. No. 1911), recommending passage on Third Reading.
Apr 3Passed Third Reading with Representative(s) Iwamoto voting aye with reservations; Representative(s) Amato, Muraoka voting no (2) and Representative(s) Cochran, Woodson excused (2). Transmitted to Senate.Passed House
Mar 28The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 14 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Holt, Keohokapu-Lee Loy, Kitagawa, Kusch, Lamosao, Lee, M., Miyake, Morikawa, Templo, Alcos, Reyes Oda; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Representative(s) Hussey, Ward.Minor
Vote recorded The committee on FIN recommend that the measure be PASSED, UNAMENDED. Result: pass.Lower
Mar 27The committee(s) on FIN recommend(s) that the measure be deferred until 03-28-25.Minor
Mar 27Bill scheduled for decision making on Friday, 03-28-25 1:59PM in conference room 308 VIA VIDEOCONFERENCE.
Mar 24Bill scheduled to be heard by FIN on Thursday, 03-27-25 3:30PM in House conference room 308 VIA VIDEOCONFERENCE.
Mar 18Reported from HSG (Stand. Com. Rep. No. 1357) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
Mar 18Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; Representative(s) Amato voting no (1) and Representative(s) Cochran, Ward excused (2).Minor
Mar 14The committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Evslin, Miyake, Grandinetti, Kila, Kitagawa, La Chica, Muraoka; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Representative(s) Cochran, Pierick.Minor
Vote recorded The committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. Result: pass.Lower
Mar 11Bill scheduled to be heard by HSG on Friday, 03-14-25 9:00AM in House conference room 430 VIA VIDEOCONFERENCE.
Mar 6Pass First ReadingMinor
Mar 6Referred to HSG, FIN, referral sheet 19Minor
Mar 4Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.Passed Senate
Vote recorded Report adopted; Passed Third Reading, as amended (SD 2). Result: pass.Upper
Mar 4Received from Senate (Sen. Com. No. 224) in amended form (SD 2).Minor
Feb 28Reported from WAM (Stand. Com. Rep. No. 1000) with recommendation of passage on Third Reading, as amended (SD 2).
Feb 2848 Hrs. Notice 03-04-25.
Feb 27The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.Minor
Vote recorded The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
Feb 26The committee(s) on WAM deferred the measure until 02-27-25 10:31AM; Conference Room 211 & Videoconference.Minor
Feb 24The committee(s) on WAM will hold a public decision making on 02-26-25 10:04AM; Conference Room 211 & Videoconference.
Feb 14Reported from HOU (Stand. Com. Rep. No. 564) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
Feb 14Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.Minor
Feb 4The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 4 Aye(s): Senator(s) Chang, Hashimoto, Kanuha, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Aquino.Minor
Vote recorded The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
Jan 31The committee(s) on HOU has scheduled a public hearing on 02-04-25 1:00PM; Conference Room 225 & Videoconference.