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HB1261Introduced in the House

Relating To Taxation.

IntroducedHouse Economic Development

Introduced by Ikaika Hussey, District 29

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

Establishes a tax credit for landlords who charge below-market rent and assesses an additional privilege tax on landowners who charge above-market rent, under certain conditions. Requires the Hawaii Housing Finance and Development Corporation to determine median market rent for rental units by geographic area for the purposes of the below-market rent tax credit and above-market rent tax.

Where it stands

Carried over to 2026 Regular Session.

December 8, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

Citizen Voice

How would you vote on this bill?

An unofficial public opinion poll. It does not affect the bill or the official vote.

One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.

Bill history

  1. Pending introduction.

  2. Introduced and Pass First Reading.

  3. Referred to ECD, CPC, FIN, referral sheet 4

  4. Carried over to 2026 Regular Session.

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