Hawaii legislation · 2026 Regular Session
Hawaii SB3028: Relating to Property Conveyance.
Status: In committee, May 1, 2026
Restructures the conveyance tax to a marginal rate system and adjusts the tax for multifamily properties to reflect value on a per-unit basis. Adjusts allocations of conveyance tax collections to the Land Conservation Fund, and Rental Housing Revolving Fund and adds the Special Land and Development Fund (to fund land acquisition for the Hawaii Statewide Trail and Access Program), and the Dwelling Unit Revolving Fund (to fund infrastructure programs in county-designated transit-oriented development areas). Takes effect 1/1/2027.
What the bill says
A bill foran act relating to property conveyance.
From the engrossed text:
A BILL FORAN ACT RELATING TO PROPERTY CONVEYANCE. SECTION 1. Section 171-19, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows: "(a) There is created in the department a special fund to be designated as the "special land and development fund". Subject to the Hawaiian Homes Commission Act of 1920, as amended, and section 5(f) of the Admission Act of 1959, all proceeds of sale of public lands, including interest on deferred payments; all moneys collected under section 171-58 for mineral and water rights; all rents from leases, licenses, and permits derived from public lands; all moneys collected from lessees of public lands within industrial parks; all fees, fines, and other administrative charges collected under this chapter and chapter 183C; a portion of the highway fuel tax collected under chapter 243; a portion of the transient accommodations tax under chapter 237D; a portion of the conveyance tax collected under chapter 247; all moneys collected by the department for the commercial use of public trails and trail accesses under the SB3028 SD2 LRB 26-1013.docx Hn Page 2 3028 S.B. NO. S.D. jurisdiction of the department; and private contributions for the management, maintenance, and development of trails and accesses shall be set apart in the fund and shall be used only as authorized by the legislature for the …
Sponsors
- Chris Lee (D, 25) · primary sponsor
Latest actions
- : Conference Committee Meeting will reconvene on Friday, 05-01-26 at 5:50PM in Conference Room 016.
- : Conference Committee Meeting will reconvene on Friday, 05-01-26 at 5:21PM in Conference Room 016.
- : Conference Committee Meeting will reconvene on Friday, 05-01-26 at 5:00PM in Conference Room 016.
- : Conference committee meeting to reconvene on 05-01-26 2:42 PM; Conference Room 329.
- : Conference Committee Meeting will reconvene on Friday 05-01-26 10:45AM in conference room 224.
- : Received notice of change in Senate conferees (Sen. Com. No. 797).
- : Senate Conferees Changed: Senator Dela Cruz added as Co-Chair. Senator Kim discharged as Co-Chair.
- : Conference Committee Meeting will reconvene on Thursday 04-30-26 10:45AM in conference room 224.
- : Conference Committee Meeting will reconvene on Wednesday 04-29-26 10:45AM in conference room 224.
- : Bill scheduled for Conference Committee Meeting on Tuesday, 04-28-26 10:45AM in conference room 224.
Votes
- Third Reading as amended in HD 2 with none voting aye with reservations; Representative(s) Alcos, Cochran, Garcia, Gedeon, Kong, Lee, M (April 14, 2026): 41 yea, 10 nay, passed
- FIN: recommend that the measure be PASSED, WITH AMENDMENTS (April 7, 2026): 14 yea, 2 nay, passed
- Second Reading as amended in HD 1 and referred to the committee(s) on WAL with none voting aye with reservations; Representative(s) Alcos, Cochran, Garcia, Gedeon, Matsumoto, Muraoka, Pierick, Reyes O (March 20, 2026): 42 yea, 8 nay, passed
- HSG: recommend that the measure be PASSED, WITH AMENDMENTS (March 18, 2026): 6 yea, 3 nay, passed
- Report adopted; Passed Third Reading, as amended (SD 2) (March 10, 2026): 25 yea, 0 nay, passed
- WAM: recommend(s) that the measure be PASSED, WITH AMENDMENTS (March 3, 2026): 12 yea, 0 nay, passed
Subjects: Report, Property Conveyance, Exemption, Housing, Penalties, Counties
Common questions
- What is SB3028?
- SB3028 is a bill in the Hawaii Legislature (2026 Regular Session): Relating to Property Conveyance.
- What does SB3028 do?
- In its own words: A bill foran act relating to property conveyance.
- What is the status of SB3028?
- In committee as of May 1, 2026. Latest action: Conference Committee Meeting will reconvene on Friday, 05-01-26 at 5:50PM in Conference Room 016. (May 1, 2026).
- Who sponsored SB3028?
- Chris Lee (D, 25).
- Where is the official record for SB3028?
- On the Hawaii Legislature website: https://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=SB&billnumber=3028&year=2026
Source: official Hawaii record. Tracked by Delilah, AI for legislation across all 50 states and Congress.