Hawaii State Legislature
2006 Legislative Session

SB1858

Generated on 9/19/2006 9:25:56 AM

Measure Title: RELATING TO INCOME TAX.
Report Title: Anti-Speculation Short-Term Capital Gains Tax on Real Property Sales
Description: Enacts an anti-speculation short-term capital gains tax by increasing the capital gains tax on real property sales, based on a graduated scale of the length of time the seller held the property. Requires tax realizations to be deposited into the rental housing trust fund.
Package: None
Companion:
Introducer(s): HOOSER, BAKER, ENGLISH, Nishihara, Taniguchi
Current Referral:CPH, WAM

Date Status Text
1/27/2005SIntroduced.
1/31/2005SPassed First Reading.
2/2/2005SReferred to CPH, WAM.
2/9/2005SThe committee on CPH has scheduled a public hearing on 02-15-05 at 9:00 am in conference room 016.
2/15/2005SThe committee on CPH deferred the measure until 02-17-05 at 10:30 am in conference room 016.
2/17/2005SThe committee(s) on CPH recommend(s) that the measure be HELD. The votes in CPH were as follows: 5 Aye(s): Senator(s) Menor, Baker, Espero, Sakamoto, Hogue; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Ige.
12/2/2005 10:36:03 AMDCarried over to 2006 Regular Session.

$ = Appropriation measure
ConAm = Constitutional Amendment