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Bill

Bill

HB 2072

RELATING TO THE CONVEYANCE TAX.

2026 Regular Session Introduced by Nadine Nakamura

HB 2072 addresses Hawaii's real property conveyance tax, affecting real estate transactions and state housing revenue; specific provisions pending committee review.

Referred to HSG, HSH, FIN, referral sheet 3
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WeVote Research Nonpartisan
Bill Summary · HB 2072

Legislative bill overview

HB 2072 relates to Hawaii's conveyance tax, which is a tax imposed on the transfer of real property. The bill has been introduced and referred to three House committees (Housing, Health and Human Services, and Finance) but the specific provisions have not yet been detailed in publicly available materials at this early stage of the legislative process.

Why is this important

Conveyance taxes directly affect real estate transactions and housing affordability—a critical issue in Hawaii given the state's notoriously high property costs. Changes to this tax could influence home prices, rental markets, and state revenue allocation for housing-related programs.

Potential points of contention

  • Fiscal impact: Whether the bill increases, decreases, or restructures the tax affects both state revenue and housing market costs
  • Housing affordability: Any tax increase could worsen Hawaii's affordability crisis; any decrease could reduce funding for housing programs
  • Implementation complexity: Changes to conveyance tax may create administrative burdens for real estate professionals and government agencies

Compiled from official sources — confirm details with the bill’s official record.

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