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SB 867, SD-1

SUBJECT:  GENERAL EXCISE, Expand and Extend Affordable Rental Housing Exemption

BILL NUMBER:  SB 867, SD-1

INTRODUCED BY:  Senate Committee on Housing

EXECUTIVE SUMMARY:  Part II of the bill expands and extends to June 30, 2026, the affordable housing exemption from general excise tax and use tax costs for certain rental housing projects pursuant to section 201H-36(a)(5), Hawaii Revised Statutes.  Requires affordable rental project owners to accept Section 8 Housing Choice Vouchers as a condition of certification.

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