HB 2432 HD 1 SD 1

RELATING TO LOW-INCOME HOUSING TAX CREDIT

By Representative(s) SAY (BR)

Companion Bill: SB 2773

Subjects: Governor

Keywords: HOUSING, INCOME TAX, TAX CREDITS OR REFUNDS, TAX DEDUCTIONS, TAXATION

Report Title: Housing Tax Credit

Description: Allows a partnership, limited liability company, and S corporation investors to claim the state low-income housing tax credit whether or not they claim the federal low income housing tax credit. (HB2432 HD1)

 1-26-00        H Introduced and passed First Reading                      
 1-27-00        H Referred to the committees on 1. HSH 2. FIN ,
                  referral sheet 7
 2- 2-00        H Bill scheduled to be heard by HSH on Wednesday, 02/
                  09/00 at 8:30 - 11:45 A.M. in House conference room
                  329.
 2- 9-00        H The committee on HSH recommends that the measure be         
                  PASSED, UNAMENDED.
 2- 9-00        H The votes in HSH were as follows:6 Ayes: Rep.(s)
                  Arakaki, Kahikina, Kawakami, Lee, Leong, McDermott;         
                  Ayes with reservations: Rep.(s) ; none Noes: Rep.(s)        
                  ; and 2 Excused: Rep.(s) Santiago, Stegmaier
 2-14-00        H Reported from the committee on HSH (Stand. Com. Rep.        
                  No. 135-00), recommending passage on Second Reading         
                  and referral to the committee on FIN
 2-14-00        H Passed Second Reading and referred to the committee         
                  on FIN
 2-14-00        H The vote was as follows:  45 aye(s), with none
                  voting no and Representative(s) Menor, Okamura,
                  Souki, Thielen, Whalen, Yoshinaga excused
 2-23-00        H Bill scheduled to be heard by FIN on Friday,
                  02-25-00 at 10:30 A.M. in House conference room
                  308.
 2-25-00        H The committee on FIN recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 2-25-00        H The votes in FIN were as follows:15 Ayes: Rep.(s)
                  Takamine, Kawakami, Ahu Isa, Catalani, Espero,
                  Goodenow, Kanoho, Luke, Nakasone, Schatz, Suzuki,
                  Yamane, Marumoto, Meyer, Moses; Ayes with
                  reservations: Rep.(s) ; none Noes: Rep.(s) ; and 2
                  Excused: Rep.(s) Kahikina, Fox
 3- 3-00        H Reported from the committee on FIN (Stand. Com. Rep.        
                  No. 706-00) as amended in (HD 1), recommending
                  passage on Third Reading
 3- 3-00        H Forty-eight (48) hours notice 03/07/00                   
 3- 7-00        H Passed Third Reading as amended in (HD 1)                
 3- 7-00        H The vote was as follows:  50 aye(s), with none
                  voting no and Representative(s) Okamura excused
 3- 7-00        H Transmitted to Senate                                    
 3- 9-00        S Received from House (Hse. Com. No. 227)                  
 3- 9-00        S Passed First Reading and referred to 1. GOH 2. WAM       
 3-17-00        S Bill scheduled to be heard by GOH on 03-21-00 at
                  1:30 p.m. in conference room 224.
 3-21-00        S The measure is deferred until 03-23-00 at 1:30 p.m.         
                  in conference room 224.
 3-23-00        S The committee on GOH recommends that the measure be         
                  PASSED, WITH AMENDMENTS.
 3-23-00        S The votes in GOH were as follows: 5 Ayes: Senator(s)        
                  Tam, Matsuura, Sakamoto, Tanaka, Anderson; Ayes with        
                  reservations: Senator(s) ; none Noes: Senator(s) ;
                  and 4 Excused: Senator(s) Chun, Hanabusa, Levin,
                  Sakamoto
 3-24-00        S Reported from GOH (Stand. Com. Rep. No. 3010) with
                  recommendation of passage on Second Reading, as
                  amended (SD 1) and referral to WAM
 3-24-00        S Report adopted; Passed Second Reading, as amended
                  (SD 1) and referred to WAM.
 3-28-00        S Bill scheduled for decision making by WAM on
                  03-31-00 at 9:30 a.m. in conference room 211.
 3-31-00        S The committee on WAM recommends that the measure be         
                  PASSED, UNAMENDED.
 3-31-00        S The votes in WAM were as follows: 11 Ayes:
                  Senator(s) Fukunaga, Levin, Buen, Chun, Chun
                  Oakland, D. Ige, M. Ige, Kawamoto, Nakata, Tam,
                  Anderson; Ayes with reservations: Senator(s) ; none         
                  Noes: Senator(s) ; and 2 Excused: Senator(s) Iwase,         
                  Taniguchi
 4- 6-00        S Reported from WAM (Stand. Com. Rep. No. 3204) with
                  recommendation of passage on Third Reading
 4- 6-00        S 24 hours notice 04-07-00                                 
 4- 7-00        S Report adopted; Passed Third Reading. Ayes, 23. 
                  Noes, none ().  Excused, 2 (Buen, Bunda).
 4- 7-00        S Transmitted to House                                     
 4- 7-00        H Received from Senate (Sen. Com. No. 404) in amended         
                  form (SD 1)
 4- 7-00        H House disagrees with Senate amendment(s)                 
 4-11-00        S Received notice of disagreement (Hse. Com. No. 449)      
 4-16-00        H House conferees appointed: Arakaki, Kahikina
                  (Co-)Chairman; Stegmaier, Yamane, McDermott
 4-17-00        S Senate Conferees appointed: Tam, Chun, (Co-)Chair;
                  Matsuura, Anderson
 4-17-00        S Received notice of appointment of House conferees
                  (Hse. Com. No. 675).
 4-17-00        H Received notice of Senate conferees (Sen. Com. No.
                  664)
 4-19-00        H Bill scheduled for Conference Committee Meeting on
                  Monday, 04-24-00 at 2:00 P.M. in   conference room
                  224.
 4-24-00        H The House Conference Managers recommend to agree to         
                  the Senate amendments.
 4-24-00        H The votes by House Conference Managers were as
                  follows: 3 Ayes: Rep.(s) Arakaki, Kahikina,
                  Stegmaier; Ayes with reservations: Rep.(s) ; none
                  Noes: Rep.(s) ; and 2 Excused: Rep.(s) Yamane,
                  McDermott
 4-25-00        H Reconsideration of action taken on 04-07-00              
 5- 2-00        H House agrees to Senate amendment(s)                      
 5- 2-00        H Passed Final Reading as amended in (SD 1)                
 5- 2-00        H The vote was as follows:  48 aye(s), with none
                  voting no and Representative(s) Okamura, Souki,
                  Whalen excused
 5- 2-00        S Received notice of House reconsideration; agreement         
                  and passage on final reading (House Com. No. 729).
 5- 3-00        H Transmitted to Governor                                  
 6- 2-00        H Act 148, on 05-30-00 (Gov. Msg. No. 217)                 
 6- 5-00        S Act 148, 05-30-00, (Gov. Msg. No. 341)