| Measure Title: | RELATING TO LEASEHOLD CONVERSION. |
| Report Title: | Leased Fee Interest Sale; Capital Gains; Exempt from Taxation |
| Description: | Excludes from income taxation 100 percent of capital gains realized during taxable years 2007-2008 from the sale of leased fee interest in residential house lot or multi-family residential leasehold property to lessee, AOAO, or cooperative, subject to an aggregate cap of $800,000 per year. (CD1) |
| Package: | None |
| Companion: | |
| Introducer(s): | FUKUNAGA, ESPERO, Ige |
| Current Referral: | HSG, CPC, FIN |
| Date | Status Text | |
|---|---|---|
| 1/20/2006 | S | Introduced and passed First Reading. |
| 1/27/2006 | S | Referred to CPH, WAM. |
| 2/3/2006 | S | The committee(s) on CPH has scheduled a public hearing on 02-09-06 at 9:00 am in conference room 016. |
| 2/9/2006 | S | The committee(s) on CPH deferred the measure until 02-14-06 at 8:30 am in conference room 016. |
| 2/10/2006 | S | The committee(s) on CPH deferred the measure until 02-16-06 at 10:00 am in conference room 016. |
| 2/16/2006 | S | The committee(s) on CPH recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPH were as follows: 5 Aye(s): Senator(s) Menor, Baker, Espero, Ige, Hogue; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Sakamoto. |
| 2/17/2006 | S | Reported from CPH (Stand. Com. Rep. No. 2506) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. |
| 2/17/2006 | S | Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. |
| 2/24/2006 | S | The committee(s) on WAM will hold a public decision making on 02-28-06 at 10:00 am in conference room 211. |
| 2/28/2006 | S | The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 11 Aye(s): Senator(s) Taniguchi, Tsutsui, English, Espero, Inouye, Kim, Kokubun, Nishihara, Sakamoto, Slom, Trimble; Aye(s) with reservations: none ; 0 No(es): none; and 4 Excused: Senator(s) Fukunaga, Hooser, Kanno, Hemmings. |
| 3/3/2006 | S | Reported from WAM (Stand. Com. Rep. No. 2903) with recommendation of passage on Third Reading, as amended (SD 2). |
| 3/3/2006 | S | 48 Hrs. Notice 03-07-06. |
| 3/7/2006 | S | Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House. |
| 3/7/2006 | H | Received from Senate (Sen. Com. No. 57) in amended form (SD 2). |
| 3/9/2006 | H | Pass First Reading. |
| 3/9/2006 | H | Referred to HSG, CPC, FIN, referral sheet 27 |
| 3/10/2006 | H | Bill scheduled to be heard by HSG on Wednesday, 03-15-06 at 11:15 am in House conference room 329. |
| 3/15/2006 | H | The committees on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 6 Ayes: Representative(s) Kahikina, Nishimoto, Arakaki, Green, Hale, Pine; Ayes with reservations: none; 0 Noes: none; and 3 Excused: Representative(s) Kawakami, Sonson, Halford. |
| 3/16/2006 | H | Reported from the committee on HSG (Stand. Com. Rep. No. 987-06) as amended in (HD 1), recommending passage on Second Reading and referral to the committee on CPC. |
| 3/17/2006 | H | Passed Second Reading as amended in (HD 1) and referred to the committee(s) on CPC with none voting no (0) and Arakaki, Marumoto, Saiki, Stonebraker, Takamine, Thielen excused (6). |
| 3/17/2006 | H | Bill scheduled to be heard by CPC on Monday, 03-20-06 at 2:00 pm in House conference room 325. |
| 3/20/2006 | H | The committees on CPC recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 8 Ayes: Representative(s) Herkes, Schatz, Ito, Karamatsu, Sonson, Souki, Marumoto, Stonebraker; Ayes with reservations: none; 0 Noes: none; and 3 Excused: Representative(s) Caldwell, Kanoho, Morita. |
| 3/23/2006 | H | Reported from the committee on CPC (Stand. Com. Rep. No. 1148-06), recommending referral to the committee on FIN. |
| 3/24/2006 | H | Report adopted; referrred to the committee(s) on FIN with none voting no and Representative(s) Carroll, Harbin, Takamine, Thielen excused. |
| 3/28/2006 | H | Bill scheduled to be heard by FIN on Friday, 03-31-06 at 7:15 pm in House conference room 308. |
| 3/31/2006 | H | The committee(s) recommends that the measure be deferred. |
| 4/4/2006 | H | Scheduled for decision making on Thursday, 04-06-06 at 3:30 pm in conference room 308. |
| 4/6/2006 | H | The committees on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 17 Ayes: Representative(s) Takamine, Kawakami, Carroll, Chong, Evans, Lee, Magaoay, Nakasone, Nishimoto, Tanaka, Tsuji, Wakai, Yamane, Yamashita, Meyer, Moses, Stevens; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Pine. |
| 4/7/2006 | H | Reported from the committee on FIN (Stand. Com. Rep. No. 1649-06) as amended in (HD 2), recommending passage on Third Reading. |
| 4/7/2006 | H | Forty-eight (48) hours notice Friday, 04-07-06. |
| 4/11/2006 | H | Passed Third Reading as amended in (HD 2) with none voting no (0) and Representative(s) Stonebraker excused (1). |
| 4/11/2006 | H | Transmitted to Senate. |
| 4/13/2006 | S | Received from House (Hse. Com. No. 570). |
| 4/13/2006 | S | Senate disagrees with House amendments. |
| 4/13/2006 | H | Received notice of disagreement (Sen. Com. No. 681). |
| 4/17/2006 | H | House conferees appointed: Kahikina, Herkes, Nishimoto Co-Chairs. |
| 4/17/2006 | S | Received notice of appointment of House conferees (Hse. Com. No. 755). |
| 4/18/2006 | H | House conferee(s) added: Representative(s) Pine. |
| 4/19/2006 | S | Received notice of change in conferees (Hse. Com. No. 766). |
| 4/21/2006 | S | Senate Conferees appointed: Menor, Chair; Taniguchi, Co-Chair(s); Baker, Espero, Kokubun, Hogue. |
| 4/21/2006 | H | Received notice of Senate conferees (Sen. Com. No. 805). |
| 4/24/2006 | S | Conference committee meeting scheduled for 04-25-06 at 3:50 pm in conference room 016. |
| 4/25/2006 | S | Conference committee meeting to reconvene on 04-27-06 at 3:00 pm in conference room 016. |
| 4/27/2006 | S | Conference committee meeting to reconvene on 04-28-06 at 3:00 pm in conference room 016. |
| 4/28/2006 | S | Conference committee meeting to reconvene on 04-28-06 at 4:00 pm in conference room 016. |
| 4/28/2006 | S | The votes of the Senate Conference Managers were as follows: 5 Aye(s): Senator(s) Menor, Taniguchi, Baker, Espero, Hogue; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Kokubun. |
| 4/28/2006 | H | The Conference Committee recommends that the measure be Passed, with Amendments.The votes were as follows: 4 Ayes: Representative(s) Kahikina, Herkes, Nishimoto, Pine; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none. |
| 4/28/2006 | S | Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 220-06). |
| 4/28/2006 | H | Reported from Conference Committee (Conf Com. Rep. No. 220-06) as amended in (CD 1). |
| 4/28/2006 | S | 48 Hrs. Notice (as amended CD 1) 05-02-06. |
| 4/28/2006 | H | Forty-eight (48) hours notice Tuesday, May 2, 2006. |
| 5/2/2006 | S | Passed Final Reading, as amended (CD 1). 25 Aye(s); Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none. |
| 5/2/2006 | H | Passed Final Reading as amended in (CD 1) with Representative(s) Thielen voting no (1) and Representative(s) Abinsay, Stonebraker excused (2). |
| 5/2/2006 | H | Received notice of Final Reading (Sen. Com. No. 875). |
| 5/4/2006 | S | Received notice of passage on Final Reading in House (Hse. Com. No. 850). |
| 5/8/2006 | S | Enrolled to Governor. |
| 6/26/2006 | H | Notice of intent to veto (Gov. Msg. No. 509) |
| 6/26/2006 | S | Notice of Intent to veto dated 06-26-06 (Gov. Msg. No. 772) |
| 7/11/2006 | S | Vetoed on 07-11-06 - Returned from the Governor without approval (Gov. Msg. No. 834). |
| 7/11/2006 | H | Vetoed (Gov. Msg. No. 583). |
$ = Appropriation measure
ConAm = Constitutional Amendment