Relating To The Individual Housing Account Program.

Where it is in the process

Plain-English Summary

For taxable years beginning 1/1/2027: (1) increases the maximum annual and total allowable deduction for contributions to individual housing accounts for income tax deductions; and (2) increases the maximum allowable contributions for individual housing accounts to qualify for the income tax deductions. Repeals outdated language applicable to firsttime home purchases made before 1/1/1990, by persons with an individual housing account. (CD1)

Source: OpenStates · fetched July 9, 2026

Votes

Sponsorship · 5 Sponsors

Democrat4Republican1Independent0Other0

D · PrimeTroy Hashimoto
D · PrimeStanley Chang
R · PrimeKurt Fevella
D · PrimeMichelle Kidani
D · CoLorraine Inouye

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