· HI legislature · 2026

RELATING TO TAXATION.

Establishes an excise tax on certain taxpayers who own excess single-family residences for failure to sell those residences. Establishes and allocates excise tax revenues to the Housing Downpayment Trust Fund. Requires annual reports to the Legislature. Applies to taxable years beginning after 12/31/2026. Effect…

Introduced

2025-12-08

Policy area

Taxation

Latest action

Introduced.