Thirty percent of bills in Hawaiʻi legislature survive crossover day

Meanwhile, Senate Bill 362, if passed, would permanently increase the conveyance tax for homes sold for more than $2 million. Funds will go towards land conservation, homeless services, and affordable housing.

“We’re seeing people sell their homes and pay one of the lowest tax rates for a high cost city in the nation. We have to ask ourselves, would it be fair for people who have done well in Hawaii. investing in Hawaiʻi. to also invest in the people of Hawaiʻi? Because this bill is 100 percent for the people of Hawaiʻi," said Kenna StormoGipson, Director of Housing Policy at Hawaiʻi Budget & Policy Center.

StormoGipson added permanent, increased funding is needed. She said in order to plan for the future and hire adequate staffing, temporary one-year funding is not going to cut it.