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HB1918Introduced in the House

Relating To Taxation.

EngrossedSenate Ways and Means

Introduced by Luke Evslin, District 16

What does this bill do?

Plain-English breakdown

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Official description

Imposes conveyance tax on the transfer of a controlling interest of an entity with an interest in real property. Stipulates that the imposition of the conveyance tax on transfers of entity ownership shall not apply to any transfer of interest or acquisition between entities wholly owned by the same common ownership that results in no change in the beneficial ownership. Imposes the conveyance tax on certain transfers of real property at the lowest tax rate. Imposes liability on the transferee in the event that the transferor of the controlling interest does not pay the tax due. Effective 1/1/3028. (SD1)

Where it stands

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

March 30, 2026

How did lawmakers vote?

SenateStage: Senate Water, Land, and Agriculture: Passed, With Amendments · March 18, 2026

4

Yes

1

No

0

Absent or Not Voting

5 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

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Bill history

  1. Pending introduction.

  2. Introduced and Pass First Reading.

  3. Referred to WAL, FIN, referral sheet 3

  4. Bill scheduled to be heard by WAL on Thursday, 02-05-26 9:00AM in House conference room 411 VIA VIDEOCONFERENCE.

  5. The committee on WAL recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Hashem, Morikawa, Belatti, Ichiyama, Poepoe, Woodson, Souza; Ayes with reservations: none; 1 Noes: Representative(s) Shimizu; and 1 Excused: Representative(s) Iwamoto.

  6. Reported from WAL (Stand. Com. Rep. No. 243-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

  7. Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with Representative(s) Reyes Oda voting aye with reservations; Representative(s) Alcos, Garcia, Gedeon, Matsumoto, Muraoka, Pierick, Shimizu voting no (7) and none excused (0).

  8. Bill scheduled to be heard by FIN on Tuesday, 03-03-26 10:00AM in House conference room 308 VIA VIDEOCONFERENCE.

  9. The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 15 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Morikawa, Perruso, Templo, Yamashita; Ayes with reservations: Representative(s) Gedeon, Reyes Oda; 1 Noes: Representative(s) Alcos; and Excused: none.

  10. Reported from FIN (Stand. Com. Rep. No. 890-26), recommending passage on Third Reading.

  11. Passed Third Reading with none voting aye with reservations; Representative(s) Alcos, Garcia, Gedeon, Kong, Matsumoto, Muraoka, Pierick, Reyes Oda, Shimizu voting no (9) and Representative(s) Perruso excused (1). Transmitted to Senate.

  12. Received from House (Hse. Com. No. 61).

  13. Passed First Reading.

  14. Referred to WLA, WAM.

  15. The committee(s) on WLA has scheduled a public hearing on 03-16-26 1:00PM; Conference Room 224 & Videoconference.

  16. The committee(s) on WLA deferred the measure until 03-18-26 1:05PM; Conference Room 224 & Videoconference.

  17. The committee(s) on WLA recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WLA were as follows: 4 Aye(s): Senator(s) Lee, C., Inouye, Chang, Lamosao; Aye(s) with reservations: none ; 1 No(es): Senator(s) DeCorte; and 0 Excused: none.

  18. Reported from WLA (Stand. Com. Rep. No. 3249) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

  19. Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

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