Hawaii · 2025 Regular Session · Bill
HB 947: RELATING TO TAXATION OF REAL ESTATE INVESTMENT TRUSTS.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 947 is a bill introduced in the Hawaii House on January 21, 2025. According to its official title, it concerns: RELATING TO TAXATION OF REAL ESTATE INVESTMENT TRUSTS. Primary sponsor: Ikaika Hussey (Democratic), Kim Coco Iwamoto (Democratic), Amy Perruso (Democratic), Adrian Tam (Democratic). Most recent recorded action (January 23, 2025): Introduced and Pass First Reading.
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.
Disallows the dividends paid deduction for real estate investment trusts. Applies to taxable years beginning after 12/31/2025.
Sponsors
Sponsors by party (alphabetical): Democratic 4
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Ikaika Hussey | Primary sponsor | Democratic | House | 29 |
| Kim Coco Iwamoto | Primary sponsor | Democratic | House | 25 |
| Amy Perruso | Primary sponsor | Democratic | House | 46 |
| Adrian Tam | Primary sponsor | Democratic | House | 24 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Introduced and Pass First Reading.
- Referred to ECD, CPC, FIN, referral sheet 3
- Pending introduction.