| Measure Title: | RELATING TO LEASEHOLD CONVERSION. |
| Report Title: | Sale of Leased Fee Interest; Tax-Exempt Capital Gains; Repeal of Mandatory Leasehold Conversion |
| Description: | Exempts from income taxation 100% of gains realized by lessors from sale of leased fee interest in multi-family leasehold residential properties and residential leasehold house lots to lessees; repeals mandatory leasehold conversion law. (SB1793 HD1) |
| Package: | None |
| Companion: | HB1554 |
| Introducer(s): | FUKUNAGA, Ige, Espero, Chun Oakland, Menor, Ihara |
| Current Referral: | WLO/HSG, CPC, FIN |
| Date | Status Text | |
|---|---|---|
| 1/27/2005 | S | Introduced. |
| 1/31/2005 | S | Passed First Reading. |
| 2/2/2005 | S | Referred to CPH, WAM. |
| 2/9/2005 | S | The committee on CPH has scheduled a public hearing on 02-14-05 at 9:00 am in conference room 016. |
| 2/14/2005 | S | The committee(s) on CPH recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPH were as follows: 4 Aye(s): Senator(s) Menor, Baker, Espero, Hogue; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Ige, Sakamoto. |
| 2/18/2005 | S | Reported from CPH (Stand. Com. Rep. No. 251) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. |
| 2/18/2005 | S | Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. |
| 2/28/2005 | S | The committee(s) on WAM will hold a public decision making on 03-02-05 at 9:30 am in conference room 211. |
| 3/2/2005 | S | The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 14 Aye(s): Senator(s) Taniguchi, Tsutsui, English, Espero, Hooser, Inouye, Kanno, Kim, Kokubun, Nishihara, Sakamoto, Hemmings, Slom, Trimble; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fukunaga. |
| 3/4/2005 | S | Reported from WAM (Stand. Com. Rep. No. 777) with recommendation of passage on Third Reading, as amended (SD 2). |
| 3/4/2005 | S | 48 Hrs. Notice 03-08-05. |
| 3/8/2005 | S | Passed Third Reading, as amended (SD 2). Ayes, 24; Aye(s) with reservations: none . Noes, 0 (none). Excused, 1 (Senator(s) Ihara). Transmitted to House. |
| 3/8/2005 | H | Received from Senate (Sen. Com. No. 363) in amended form (SD 2). |
| 3/10/2005 | H | Pass First Reading. |
| 3/10/2005 | H | Referred to WLO/HSG, CPC, FIN, referral sheet 30 |
| 3/12/2005 | H | Bill scheduled to be heard by WLO/HSG on Monday, 03-14-05 at 10:30 am in House conference room 312. |
| 3/14/2005 | H | The committees on WLO recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Kanoho, Schatz, Berg, Evans; Ayes with reservations: Representative(s) Morita, Waters, Meyer; 1 Noes: Representative(s) Thielen; and 1 Excused: Representative(s) Carroll. |
| 3/14/2005 | H | The committees on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 5 Ayes: Representative(s) Kahikina, Nishimoto, Kawakami; Ayes with reservations: Representative(s) Sonson, Halford; 0 Noes: none; and 4 Excused: Representative(s) Arakaki, Green, Hale, Pine. |
| 3/17/2005 | H | Reported from the committee on WLO/HSG (Stand. Com. Rep. No. 1065) as amended in (HD 1), recommending passage on Second Reading and referral to the committee on CPC. |
| 3/18/2005 | H | Passed Second Reading as amended in (HD 1) and referred to the committee(s) on CPC with Representative(s) Thielen voting no and Representative(s) Cabanilla, Chang, Herkes, Takamine excused. |
| 12/2/2005 10:35:47 AM | D | Carried over to 2006 Regular Session. |
$ = Appropriation measure
ConAm = Constitutional Amendment