Hawaii Proposes Surcharge on Investment Real Property

Hawaii may allow the Legislature to establish a property tax surcharge on investment real property. The Legislature passed a proposed constitutional amendment to allow such a surcharge.

Voters to Decide

Hawaii voters will decide whether to amend the constitution to allow the surcharge at a general election. Hawaii will hold a general election on November 6, 2018.

If approved by voters, the constitutional amendment will become effective on election day.

S.B. 2922, Laws 2018, effective as noted

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All stories by: CCHTaxGroup