Hawaii Senate Bill 2675: Relating To The Low-income Housing Tax Credit.

Hawaii · 2026 Regular Session

What it does

Clarifies that a partner or member of a partnership or limited liability company that has been allocated a low-income housing tax credit issued after July 1, 2026, may either further allocate the credit or transfer, sell, or assign all or a portion of the credit to any taxpayer. Extends the sunset date of Act 129, SLH 2016, relating to the low-income housing tax credit, until 12/31/2032. Effective 7/1/2050. (SD1)

Latest action

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. (2026-02-19)

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