Clarifies when and how members or partners of a taxpayer may claim the low-income housing tax credit. Requires a Form 8609 for purposes of claiming the tax credit. Specifies the application of tax provisions with respect to buildings or projects placed in service after 12/31/2020. Extends the sunset date of Act 129, Session Laws of Hawaii 2016, to 12/31/2027. (CD1)

Statutes affected:
HB80: 235-110.8
HB80 CD1: 235-110.8
HB80 HD1: 235-110.8
HB80 SD1: 235-110.8