Relating To Taxation.
Last status update Mar 5, 2026
What this measure contains
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)
Source summary of the imported measure. Amendments can change the wording; read a specific version for its complete provisions.
Read the full bill at its source ↗Bill text and versions
Drafts can change as a measure moves through the Legislature. Check the version attached to a recorded vote.
- Introduced · Official document ↗· Jan 23, 2026
- Amended · Official document ↗· Feb 11, 2026
- Amended · Official document ↗· Mar 25, 2026
Legislative path
Each stage below is a recorded decision from the official measure history, attached to the draft it considered. A member's row follows their votes from the first draft to the latest, and a highlighted vote marks where it changed. Committee and conference votes list every member by name. Floor votes list only exceptions; members serving that day who aren't named are shown as ayes in a dashed outline.
- Introduced
- HD1by WAL
- SD1by WLA
Decision stages
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House WAL committee on the introduced draft: Passed, with amendments, reported as HD1
7 aye · 1 no · 1 excused
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House second reading on HD1: Passed
43 aye · 1 aye with reservations · 7 no · 0 excused
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House FIN committee on HD1: Passed, unamended
13 aye · 2 aye with reservations · 1 no · 0 excused
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House third reading on HD1: Passed
40 aye · 9 no · 1 excused
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Water, Land, and Agriculture (WLA) on HD1: Passed, with amendments, reported as SD1
4 aye · 1 no · 0 excused · Source roll call
Senate members along the path
| Member | WLA HD1 | Change along the path |
|---|---|---|
| Stanley ChangSD-009 | Aye | |
| Samantha DeCorteSD-022 | No | |
| Lorraine InouyeSD-001 | Aye | |
| Rachele Fernandez LamosaoSD-019 | Aye | |
| Chris LeeSD-025 | Aye |
House members along the path
| Member | WAL Introduced | Second reading HD1 | FIN HD1 | Third reading HD1 | Change along the path |
|---|---|---|---|---|---|
| Joe GedeonHD-018 | No | Aye* | No | No → Aye with reservations at House FIN committee (HD1)Aye with reservations → No at House third reading (HD1) | |
| Sam KongHD-033 | Aye | No | Aye → No at House third reading (HD1) | ||
| Julie Reyes OdaHD-040 | Aye* | Aye* | No | Aye with reservations → No at House third reading (HD1) | |
| David AlcosHD-041 | No | No | No | ||
| Della au BelattiHD-026 | Aye | Aye | Aye | ||
| Diamond GarciaHD-042 | No | No | |||
| Daisy HartsfieldHD-036 | Aye | Aye | Aye | ||
| Mark HashemHD-019 | Aye | Aye | Aye | ||
| Ikaika HusseyHD-029 | Aye | Aye | Aye | ||
| Linda IchiyamaHD-031 | Aye | Aye | Aye | ||
| Kim IwamotoHD-025 | Excused | Aye | Aye | ||
| Sue Keohokapu-Lee LoyHD-002 | Aye | Aye | Aye | ||
| Lisa KitagawaHD-048 | Aye | Aye | Aye | ||
| Matthias KuschHD-001 | Aye | Aye | Aye | ||
| Mike LeeHD-050 | Aye | Aye | Aye | ||
| Lauren MatsumotoHD-038 | No | No | |||
| Tyson MiyakeHD-010 | Aye | Aye | Aye | ||
| Daynette MorikawaHD-017 | Aye | Aye | Aye | Aye | |
| Chris MuraokaHD-045 | No | No | |||
| Amy PerrusoHD-046 | Aye | Aye | Excused | ||
| Elijah PierickHD-039 | No | No | |||
| Mahina PoepoeHD-013 | Aye | Aye | Aye | ||
| Garner ShimizuHD-032 | No | No | No | ||
| Kanani SouzaHD-043 | Aye | Aye | Aye | ||
| Jenna TakenouchiHD-027 | Aye | Aye | Aye | ||
| Shirley Ann TemploHD-030 | Aye | Aye | Aye | ||
| Chris ToddHD-003 | Aye | Aye | Aye | ||
| Justin WoodsonHD-009 | Aye | Aye | Aye | ||
| Kyle YamashitaHD-012 | Aye | Aye | Aye |
22 more House members only counted as floor ayes
| Member | WAL Introduced | Second reading HD1 | FIN HD1 | Third reading HD1 | Change along the path |
|---|---|---|---|---|---|
| Terez AmatoHD-011 | Aye | Aye | |||
| Cory ChunHD-035 | Aye | Aye | |||
| Elle CochranHD-014 | Aye | Aye | |||
| Luke EvslinHD-016 | Aye | Aye | |||
| Andrew GarrettHD-022 | Aye | Aye | |||
| Tina GrandinettiHD-020 | Aye | Aye | |||
| Daniel HoltHD-028 | Aye | ||||
| Greggor IlaganHD-004 | Aye | Aye | |||
| Kirstin KahaloaHD-006 | Aye | Aye | |||
| Jeanne KapelaHD-005 | Aye | Aye | |||
| Darius KilaHD-044 | Aye | Aye | |||
| Trish La ChicaHD-037 | Aye | Aye | |||
| Nicole LowenHD-007 | Aye | Aye | |||
| Lisa MartenHD-051 | Aye | Aye | |||
| Scot MatayoshiHD-049 | Aye | Aye | |||
| Nadine NakamuraHD-015 | Aye | Aye | |||
| Ikaika OldsHD-023 | Aye | Aye | |||
| Sean QuinlanHD-047 | Aye | Aye | |||
| Jackson SayamaHD-021 | Aye | Aye | |||
| Gregg TakayamaHD-034 | Aye | Aye | |||
| Adrian TamHD-024 | Aye | Aye | |||
| David TarnasHD-008 | Aye | Aye |
Aye named · Aye* with reservations · Aye floor vote, not named as an exception · No · Excused · Changed reversed from the previous vote
Names are matched to legislators only when exactly one person fits; every printed name on this measure was matched. A missing vote means no record was found for that member at that stage, not a no vote. Committee codes follow the Legislature's abbreviations.Official measure history ↗
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Legislative history
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Pending introduction.
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Introduced and Pass First Reading.
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Referred to WAL, FIN, referral sheet 3
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Bill scheduled to be heard by WAL on Thursday, 02-05-26 9:00AM in House conference room 411 VIA VIDEOCONFERENCE.
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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.
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Reported from WAL (Stand. Com. Rep. No. 243-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
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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).
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Bill scheduled to be heard by FIN on Tuesday, 03-03-26 10:00AM in House conference room 308 VIA VIDEOCONFERENCE.
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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.
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Reported from FIN (Stand. Com. Rep. No. 890-26), recommending passage on Third Reading.
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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.
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Received from House (Hse. Com. No. 61).
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Passed First Reading.
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Referred to WLA, WAM.
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The committee(s) on WLA has scheduled a public hearing on 03-16-26 1:00PM; Conference Room 224 & Videoconference.
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The committee(s) on WLA deferred the measure until 03-18-26 1:05PM; Conference Room 224 & Videoconference.
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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.
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Reported from WLA (Stand. Com. Rep. No. 3249) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
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Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.