summary
Introduced
01/30/2026
01/30/2026
In Committee
02/19/2026
02/19/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Requires each county to apply any applicable real property tax exemptions, reduced assessments, or tax classifications for any affordable housing subject to income, resale, or occupancy restrictions as of the date a qualifying owner takes title to the affordable housing for the upcoming tax period, consistent with county procedures. Effective 4/19/2042. (SD1)
AI Summary
This bill requires each county to apply any available real property tax benefits, such as exemptions, lower assessments, or special tax categories, to affordable housing properties that have restrictions on income, resale, or occupancy. These benefits will be applied as of the date a new eligible owner takes ownership of the affordable housing, and this will be effective for the next tax period, following the county's established procedures. The bill also specifies that this change will become law on April 19, 2042.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (5)
Stanley Chang (D)*,
Troy Hashimoto (D)*,
Donna Kim (D)*,
Tim Richards (D),
Joy San Buenaventura (D),
Last Action
Senate Ways and Means Hearing (10:15:00 3/3/2026 Conference Room 211 & Videoconference) (on 03/03/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=3333&year=2026 |
| SB3333_SD1_TESTIMONY_WAM_02-25-26_ | https://www.capitol.hawaii.gov/sessions/session2026/Testimony/SB3333_SD1_TESTIMONY_WAM_02-25-26_.PDF |
| BillText | https://www.capitol.hawaii.gov/sessions/session2026/bills/SB3333_SD1_.HTM |
| Committee Report SB3333_SD1_SSCR2456_ | https://www.capitol.hawaii.gov/sessions/session2026/CommReports/SB3333_SD1_SSCR2456_.pdf |
| SB3333_TESTIMONY_EIG-HOU_02-17-26_ | https://www.capitol.hawaii.gov/sessions/session2026/Testimony/SB3333_TESTIMONY_EIG-HOU_02-17-26_.PDF |
| BillText | https://www.capitol.hawaii.gov/sessions/session2026/bills/SB3333_.HTM |
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