Bill > SB2379

This bill amends existing Hawaii law to reallocate a portion of the conveyance tax, which is a tax on the transfer of real property. Specifically, it directs twenty percent of the conveyance tax revenues to the Dwelling Unit Revolving Fund, a fund used for housing development programs and infrastructure. Additionally, the bill removes the annual limit on how much conveyance tax revenue can be allocated to the Rental Housing Revolving Fund, which supports rental housing initiatives.

Housing and Urban Affairs

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=2379&year=2026