Hawaii Governor David Ige Announces Intention to Veto Anti-REIT Bill

Hawaii Governor David Ige announced June 24 the legislative bills he is intending to veto. Included in that list was SB 301 , legislation which would disallow the REIT dividends paid deduction for four years for Hawaii income tax purposes. For more information, please see this Nareit Alert.

More information about REITs in Hawaii is available at www.theREITWayHawaii.com.

(Contact: Dara Bernstein at dbernstein@nareit.com)

The Nareit Developments section on reit.com provides updates of Nareit's activities and key events impacting the REIT and commercial real estate industry. Nareit is the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets. Please see our Terms of Use.