WeVote
Log In

Bill

Bill

HB 1208

RELATING TO THE CONVEYANCE TAX.

2026 Regular Session Introduced by Della Belatti and 4 co-sponsors

HB 1208 modifies Hawaii's real property conveyance tax, carried over from 2025 to 2026 session; specific provisions unknown without bill text.

Carried over to 2026 Regular Session.
#affordablehomeownershiprevolvingfund #affordablehousing #appropriation($) #conveyancetax #dhs #dwellingunitrevolvingfund #exemption #homelessservicesspecialfund #landconservationfund #rates #rentalhousingrevolvingfund
0
WeVote Research Nonpartisan
Bill Summary · HB 1208

Legislative bill overview

HB 1208 proposes modifications to Hawaii's conveyance tax, which is a state tax applied to real property transfers. The bill was introduced in the 2025 legislative session but has been carried over to the 2026 Regular Session without passage. Specific language of the bill is not publicly available in your submission, making detailed analysis of its exact provisions impossible.

Why is this important

Hawaii's conveyance tax directly affects real estate transactions and generates state revenue. Changes to this tax could influence housing affordability, property transfer costs, real estate market activity, and state budget receipts—all significant concerns in Hawaii's high-cost housing market. The involvement of multiple housing and finance committee referrals suggests the bill has broad implications across housing policy.

Potential points of contention

  • Revenue impact: Any modifications could either increase or decrease state conveyance tax revenues, affecting the state budget and potentially requiring offsets elsewhere
  • Housing affordability: Changes to conveyance taxes influence closing costs for property buyers; supporters might argue reforms help affordability while opponents may worry about revenue loss
  • Real estate market effects: Tax adjustments could affect transaction volumes and investment patterns in Hawaii's property market, benefiting some stakeholders while disadvantaging others

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

Sign in to ask a question.