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Bill

SB 469

RELATING TO THE CONVEYANCE TAX.

2026 Regular Session Introduced by Ron Kouchi

Hawaii bill SB 469 modifies conveyance tax on property transfers, affecting housing costs and state revenues for infrastructure and housing programs.

Re-Referred to HHS/HOU/WLA, WAM.
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Bill Summary · SB 469

Legislative bill overview

SB 469 relates to Hawaii's conveyance tax, a tax imposed on the transfer of real property. While the bill's specific provisions are not detailed in the available information, it has been referred to committees focusing on housing, water resources, and appropriations, suggesting it may modify conveyance tax rates, exemptions, or revenue allocation related to housing or infrastructure purposes.

Why is this important

Conveyance taxes directly affect real estate transactions and housing affordability in Hawaii, where property costs are already among the nation's highest. Changes to this tax could influence home prices, investment in property, and state revenues dedicated to housing development or water infrastructure—areas critical to Hawaii's economic and social policy.

Potential points of contention

  • Housing affordability impact: Increasing conveyance taxes could raise transaction costs and home prices, worsening Hawaii's housing crisis; conversely, decreasing them reduces state revenue for public programs
  • Revenue allocation: How tax revenues are directed (housing, water systems, general fund) affects which communities and sectors benefit
  • Fairness concerns: Different tax treatment for primary residences versus investment properties or out-of-state buyers raises equity questions

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

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