Hawaii State Legislature
2006 Legislative Session

HB1981 HD1

Generated on 8/25/2006 1:54:12 PM

Measure Title: RELATING TO LEASEHOLD CONVERSION.
Report Title: Leased Fee Interest Sale; Capital Gains; Exemption from Taxation
Description: Exempts from taxation 100% of capital gains realized during taxable years 2007 through 2011 from the sale of leased fee interest in residential house lot or multi-family residential leasehold unit or property to the lessee. (HB1981 HD1)
Package: None
Companion:
Introducer(s): B. OSHIRO
Current Referral:HSG, CPC, FIN

Date Status Text
1/20/2006HTo Be Introduced
1/23/2006HIntroduced and Pass First Reading.
1/23/2006HReferred to HSG, CPC, FIN, referral sheet 2
1/30/2006HBill scheduled to be heard by HSG on Wednesday, 02-01-06 at 9:00 am in House conference room 329.
2/1/2006HThe committees on HSG recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 8 Ayes: Representative(s) Kahikina, Nishimoto, Arakaki, Green, Hale, Kawakami, Halford, Pine; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Sonson.
2/3/2006HReported from the committee on HSG (Stand. Com. Rep. No. 57-06), recommending passage on Second Reading and referral to the committee on CPC.
2/6/2006HPassed Second Reading and referred to the committee(s) on CPC with none voting no (0) and Representative(s) Carroll, Souki excused (2).
2/6/2006HBill scheduled to be heard by CPC on Wednesday, 02-08-06 at 2:05 pm in House conference room 325.
2/8/2006HThe committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Herkes, Schatz, Caldwell, Karamatsu, Sonson, Souki, Marumoto; Ayes with reservations: none; 0 Noes: none; and 4 Excused: Representative(s) Ito, Kanoho, Morita, Stonebraker.
2/13/2006HReported from the committee on CPC (Stand. Com. Rep. No. 278-06) as amended in (HD 1), recommending referral to the committee on FIN.
2/14/2006HReport adopted. referred to the committee(s) on FIN as amended in (HD 1) with none voting no and Representative(s) Kanoho, Takai excused.

$ = Appropriation measure
ConAm = Constitutional Amendment