Hawaii · 2025 Regular Session · Bill
HB 1261: RELATING TO TAXATION.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 1261 is a bill introduced in the Hawaii House on January 22, 2025. According to its official title, it concerns: RELATING TO TAXATION. Primary sponsor: Ikaika Hussey (Democratic), Tina Grandinetti (Democratic), Rachele Lamosao (Democratic), Amy Perruso (Democratic). Most recent recorded action (January 27, 2025): Referred to ECD, CPC, FIN, referral sheet 4.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Establishes a tax credit for landlords who charge below-market rent and assesses an additional privilege tax on landowners who charge above-market rent, under certain conditions. Requires the Hawaii Housing Finance and Development Corporation to determine median market rent for rental units by geographic area for the purposes of the below-market rent tax credit and above-market rent tax.
Sponsors
Sponsors by party (alphabetical): Democratic 4
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Ikaika Hussey | Primary sponsor | Democratic | House | 29 |
| Tina Grandinetti | Primary sponsor | Democratic | House | 20 |
| Rachele Lamosao | Primary sponsor | Democratic | Senate | 19 |
| Amy Perruso | Primary sponsor | Democratic | House | 46 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Referred to ECD, CPC, FIN, referral sheet 4
- Introduced and Pass First Reading.
- Pending introduction.