Relating To Taxation.
State of HawaiiHawaiiEstablishes an excise tax on certain taxpayers who own excess single-family residences for failure to sell those residences. Establishes and allocates excise tax revenues to the Housing Downpayment Trust Fund. Requires annual reports to the Legislature. Applies to taxable years beginning after 12/31/2026. Effective 7/1/2050. (SD2)
- Status
- Engrossed
- Passed its first chamber
- Status date
- Mar 4, 2025
- 618 days ago
- Current chamber
- House of Representatives
- Session
- 2026 Regular Session
HI SB 1033 · EngrossedMar 4
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Bill details
- Last action
- Carried over to 2026 Regular Session. · Dec 8, 2025
- Pending committee
- Housing
Sponsor
CLChris LeeSenator · Democrat · SD-025Primary sponsorPrimary sponsor
Bill history
Newest first.
Dec 8, 2025Carried over to 2026 Regular Session.
Mar 6, 2025Referred to HSG, FIN, referral sheet 19House
Mar 6, 2025Pass First ReadingHouse
Mar 4, 2025Received from Senate (Sen. Com. No. 242) in amended form (SD 2).House
Mar 4, 2025Report Adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: Senator(s) Fevella, Ihara, Inouye, San Buenaventura. Noes, 0 (none). Excused, 0 (none). Transmitted to House.Senate
Feb 28, 202548 Hrs. Notice 03-04-25.Senate
Feb 28, 2025Reported from WAM/JDC (Stand. Com. Rep. No. 1045) with recommendation of passage on Third Reading, as amended (SD 2).Senate
Feb 26, 2025The committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in JDC were as follows: 5 Aye(s): Senator(s) Rhoads, Gabbard, Chang, Awa; Aye(s) with reservations: Senator(s) San Buenaventura ; 0 No(es): none; and 0 Excused: none.Senate
Show 9 earlier actions
Feb 26, 2025The 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, Aquino, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Lee, C., Wakai; Aye(s) with reservations: Senator(s) Moriwaki, DeCoite, Kim, Fevella ; 0 No(es): none; and 0 Excused: none.Senate
Feb 21, 2025The committee(s) on WAM/JDC will hold a public decision making on 02-26-25 10:05AM; Conference Room 211 & Videoconference.Senate
Feb 12, 2025Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM/JDC.Senate
Feb 12, 2025Reported from HOU (Stand. Com. Rep. No. 338) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM/JDC.Senate
Feb 4, 2025The 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.Senate
Jan 31, 2025The committee(s) on HOU has scheduled a public hearing on 02-04-25 1:00PM; Conference Room 225 & Videoconference.Senate
Jan 23, 2025Referred to HOU, WAM/JDC.Senate
Jan 21, 2025Passed First Reading.Senate
Jan 17, 2025Introduced.Senate
Recorded votes
Senate Judiciary: Passed, With AmendmentsFeb 26, 2025 · Senate · 5 yea · 0 nayPassedPassed
Senate Ways and Means: Passed, With AmendmentsFeb 26, 2025 · Senate · 13 yea · 0 nayPassedPassed
Senate Housing: Passed, With AmendmentsFeb 4, 2025 · Senate · 4 yea · 0 nayPassedPassed
Subjects
- Excise Tax
- Failure to Sell Excess Single-Family Residences
- Housing Downpayment Trust Fund
- Reports
Read the bill at the source
This page follows the bill as the legislature records it. For the bill's full text and the official record, use the legislature's own site.
Bill data from LegiScan, licensed under CC BY 4.0.