· HI legislature · 2026

RELATING TO TAXATION.

Imposes an excise tax on certain hedge funds failing to dispose of excess single-family residences, escalating over a ten-year period. Imposes a tax on any newly acquired single-family residences by a hedge fund. Makes certain exemptions. Requires the Department of Taxation to establish a certification process to…

Sponsor

Stanley Chang (D-HI)

Introduced

2025-12-08

Policy area

Taxation

Latest action

Introduced.