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Bill

HB 377

RELATING TO THE CONVEYANCE TAX.

2026 Regular Session Introduced by Nadine Nakamura

HB 377 modifies Hawaii's conveyance tax on real property transfers, potentially affecting housing costs and state revenue through changes to rates, exemptions, or administration.

Carried over to 2026 Regular Session.
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WeVote Research Nonpartisan
Bill Summary · HB 377

Legislative bill overview

HB 377 relates to Hawaii's conveyance tax, a transfer tax applied when real property changes ownership. The bill has been introduced but specific amendments or changes are not detailed in the provided information. Given its referral to Housing (HSG), Health (HSH), and Finance (FIN) committees, it likely addresses either the rate, exemptions, or administration of this tax.

Why is this important

Conveyance taxes directly affect real estate transaction costs in Hawaii, a state with some of the nation's highest property values. Changes to this tax can influence housing affordability, real estate market activity, and state revenue. Hawaii's housing crisis makes any property transfer tax modification potentially significant for residents and the market.

Potential points of contention

  • Housing affordability impact: Whether changes help or worsen access to homeownership for local residents
  • Revenue implications: How modifications affect state budget, particularly for education and health services (given HSH referral)
  • Market competitiveness: Whether tax changes make Hawaii properties more or less attractive to buyers compared to mainland alternatives

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

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