Official record
Measure details
- Jurisdiction
- Hawaii
- Session
- 2026
- Chamber
- lower
- Classification
- bill
- Subjects
- Allocation, Extension, Limited Liability Companies, Low-Income Housing Tax Credit, Partners
- Introduced / first action
- 2026-01-23 00:00:00
Source-supplied abstracts
Clarifies that, for tax credits issued after 7/1/2026, a partner or member that is a partnership or limited liability company that has been allocated a Low-Income Housing Tax Credit may either further allocate the credit or transfer, sell, or assign all or a portion of the credit to any taxpayer. Extends the sunset date of Act 129, SLH 2016, relating to the Low-Income Housing Tax Credit, until 12/31/2032. (CD1)