SB 1214

Hawaii Senate bill in Session 2026.

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

DOTAX; DBEDT; HHFDC; Counties; Vacant Home Surcharge; GET.

Bill ID HI-2026-SB-1214
Session 2026
Status in_committee
Committee HOU/EIG/EDT, WAM/JDC
Senate in_committee 2025-01-27
Summary

Establishes a Vacant Homes Special Fund under the Hawaii Housing Finance and Development Corporation for rental assistance programs. Establishes a general excise tax surcharge on an owner that allows a residential real property to remain vacant for 180 days or more a year. Requires persons who own residential real property, but do not live there, to obtain a general excise tax license. Requires the counties to disclose to the Department of Taxation a list of properties classified as not being occupied by an owner of that property. Requires the Department of Business, Economic Development, and Tourism to calculate average annual rental value for the basis for the surcharge amount.

Sponsor
Sharon Y. Moriwaki
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 HOU/EIG/EDT, WAM/JDC.
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