Hawaii legislation · 2026 Regular Session
Hawaii HB1920: Relating to the Low-income Housing Tax Credit.
Status: Signed into law, July 9, 2026
Clarifies that a partner or member that is a partnership or limited liability company that has been allocated a low-income housing tax credit 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.
What the bill says
A bill for an act relating to the low-income housing tax credit.
From the enrolled text:
A BILL FOR AN ACT RELATING TO THE LOW-INCOME HOUSING TAX CREDIT. SECTION 1. Section 235-110.8, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows: "(b) Each taxpayer subject to the tax imposed by this chapter, who has filed a net income tax return for a taxable year may claim a low-income housing tax credit against the taxpayer's net income tax liability. The amount of the credit shall be deductible from the taxpayer's net income tax liability, if any, imposed by this chapter for the taxable year in which the credit is properly claimed on a timely basis. A credit under this section may be allocated by a partnership or limited liability company in any manner agreed to by the partners or members regardless of whether the individual or entity to receive the credit is deemed to be a partner or member for federal income tax purposes, so long as the individual or entity is deemed to be a partner or member pursuant to applicable state law. 2026--3356 HB1920 CD1 HMSO NcJ. ~ H.B. Page2 C.D. For tax credits issued after July 1, 2026, a partner or member that is a partnership or limited liability company that has been allocated a credit may either further allocate the credit or transfer, sell, or assign all or a …
Sponsors
- Luke Evslin (D, 16) · primary sponsor
- Tyson Miyake (D, 10)
Latest actions
- : Act 205, on 07/08/2026 (Gov. Msg. No. 1307).
- : Act 205, 07/08/2026 (Gov. Msg. No. 1307).
- : Received notice of passage on Final Reading in House (Hse. Com. No. 888).
- : Transmitted to Governor.
- : Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0).
- : Received notice of Final Reading (Sen. Com. No. 814).
- : Passed Final Reading, as amended (CD 1). Ayes, 24; Aye(s) with reservations: none. Noes, 0 (none). Excused, 1 (Senator(s) Fukunaga).
- : Deferred one day 05-06-26.
- : 48 Hrs. Notice (as amended CD 1) 05-01-26
- : Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 30-26).
Votes
- Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0) (May 6, 2026): 51 yea, 0 nay, passed
- Passed Final Reading, as amended (CD 1) (May 1, 2026): 24 yea, 0 nay, passed
- none. (April 28, 2026): 3 yea, 0 nay, passed
- Conference Committee Vote (April 28, 2026): 3 yea, 0 nay, passed
- Report adopted; Passed Third Reading, as amended (SD 2) (April 14, 2026): 25 yea, 0 nay, passed
- WAM: recommend(s) that the measure be PASSED, WITH AMENDMENTS (April 8, 2026): 13 yea, 0 nay, passed
Subjects: Report, Housing, The Low-Income Housing Tax Credit
Common questions
- What is HB1920?
- HB1920 is a bill in the Hawaii Legislature (2026 Regular Session): Relating to the Low-income Housing Tax Credit.
- What does HB1920 do?
- In its own words: A bill for an act relating to the low-income housing tax credit.
- What is the status of HB1920?
- Signed into law as of July 9, 2026. Latest action: Act 205, on 07/08/2026 (Gov. Msg. No. 1307). (July 9, 2026).
- Who sponsored HB1920?
- Luke Evslin (D, 16), with 1 co-sponsor.
- Where is the official record for HB1920?
- On the Hawaii Legislature website: https://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=HB&billnumber=1920&year=2026
Source: official Hawaii record. Tracked by Delilah, AI for legislation across all 50 states and Congress.