HB 1261

Hawaii House bill in Session 2026.

Status: in_committee. Latest action: January 27, 2025.

Below-market Rent Tax Credit; Above-market Rent Tax; Department of Taxation; Hawaii Housing Finance and Development Corporation.

Bill ID HI-2026-HB-1261
Session 2026
Status in_committee
Committee ECD, CPC, FIN
House in_committee 2025-01-27
Business / Commerce Housing Tax / Budget / Appropriations
Summary

Establishes a tax credit for landlords who charge below-market rent and assesses an additional privilege tax on landowners who charge above-market rent, under certain conditions. Requires the Hawaii Housing Finance and Development Corporation to determine median market rent for rental units by geographic area for the purposes of the below-market rent tax credit and above-market rent tax.

Sponsor
Ikaika Hussey
Official Source Back to Bills
Actions Timeline
Date Event Detail
0000-00-00 Introduced Bill introduced
2025-01-27 Status in_committee
2025-01-27 Latest Action Referred to ECD, CPC, FIN, referral sheet 4
More Bills From This Sponsor
HB 1838 HD2 SD1 CD1
AG; U or T Visa Certification; Uniform Statewide Requirements; Certifying Entities; Certifying Officials; Policies and Processes; Training
enacted • House
HB 2443 HD1 SD1 CD1
HIEMA; Individuals with Disabilities; Access and Functional Needs; Emergency Planning; Position; Appropriations
enacted • House
HB 1737 HD3 SD2 CD1
Agriculture; Agricultural Districts; Zoning; Farm Dwelling; Farm Employee Housing
enacted • House
HB 1753 HD2 SD2 CD2
AG; Social Media Platforms; User Accounts; Personal Information; Sensitive Personal Information; Deletion; Deceptive Practices
enrolled • House
HB 1801 HD1 SD1 CD1
DHS; Child Welfare Services; Domestic Violence; Training; Consultation; Appropriation
enrolled • House
HB 1802 HD1 SD1 CD1
DLNR; BLNR; Conservation Banks
enrolled • House
More Bills In This Topic
HB 1711 HD1 SD2 CD1
Hawaii Housing Finance and Development Corporation; Housing; Rent-to-Own Program; Sales Price
enacted • House
HB 1815 HD1 SD1 CD1
SFCA; Performing Arts Grants Program; Grants; King Kamehameha Celebration Commission; DAGS; DBEDT; Comptroller; Works of Art Special Fund; Transfer; Positions
enacted • House
SB 2272 SD1 HD2 CD1
DOH; Home Health Agencies; Licensing Inspections; CMS; Accreditation Organizations; Certification Organizations; Public Information
enacted • Senate
HB 2104 HD2 SD1 CD1
Office of Hawaiian Affairs Package; Historic Preservation; Island Burial Councils
enacted • House
SB 2397 SD1 HD1 CD1
Neighborhood Boards; Vacancies; Quorum Requirements
enacted • Senate
SB 2876 HD1 CD1
Board of Barbering and Cosmetology; Natural Hair Braiding; Exemption from Licensure; Registration; Sanitation_ Health_ and Safety Practices
enacted • Senate
Related Topics
Education
385 shared bills
Transportation
198 shared bills
Agriculture
194 shared bills
Healthcare
173 shared bills
Labor / Employment
169 shared bills
Same Topic Bills From Other States
SB 76
License Plates; specialty license plate benefitting the Georgia Veterans Service Foundation; establish
Georgia • 1033 • enacted
HB 5227
Relating to Secretary of State annual reports, fees, and veteran-owned business logotypes
West Virginia • 2026RS • enacted
HB 381
An Act relating to the taxation of certain natural gas project property and related facilities; relating to local contributions for public school funding; relating to municipal property taxes; relating to the Alaska Gasline Development Corporation and funds of the Alaska Gasline Development Corporation; relating to reporting requirements for natural gas pipeline projects; creating the Alaska affordable heating fuel fund; relating to approval of contracts by the Regulatory Commission of Alaska and inflation adjustment of the maximum price of natural gas; establishing an income tax on certain entities producing or transporting oil or gas in the state; relating to an alternative volumetric tax on natural gas throughput; relating to a municipal impact grant program and fund; relating to agreements and a payment related to a natural gas project; and providing for an effective date.
Alaska • 34 • enacted
HB 229
Establish licensing process, contract requirements for PBMs
Ohio • 2025-2026 • enrolled
HB 6135
Public utilities: rates; large load commercial rates for data centers; establish
Michigan • 2025-2026 • in_committee
HB 4273
CORPORATE OPPORTUNITIES
Illinois • 104 • enrolled