Low-income Housing Tax Credit
Hawaii 2017 Regular Session
Relating To The Low-income Housing Tax Credit. [SB-1169]
Specifies that certain provisions of the Internal Revenue Code related to at-risk rules and deductions and to passive activity loss do not apply with respect to claims for the state low-income housing tax credit. Appropriates funds to establish one position in the Hawaii Housing Finance and Development Corporation to oversee the Low-Income Housing Tax Credit Program.
Sponsored by: Sen. Donna Kim
Reported From Hou (stand. Com. Rep. No. 499) With Recommendation Of Passage On Second Reading And Referral To Wam. on 02/17/2017
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Gettr Hawaii 2017 Regular Session
Relating To Housing. [HB-488]
Specifies that certain provisions of the Internal Revenue Code related to at-risk rules and deductions and to passive activity losses do not apply with respect to claims from the state low-income housing tax credit. Effective 7/1/2050. (SD2)
Sponsored by: Rep. Nadine Nakamura
The Conference Committee Deferred The Measure. on 04/28/2017