STATE BILLHI SB 2060PASSED

Relating To The Rental Housing Revolving Fund.

State of Hawaii

Authorizes the Rental Housing Revolving Fund to be used to provide any and all forms of financing for the development, predevelopment, construction, acquisition, preservation, and substantial rehabilitation of rental housing units. Requires the Hawaii Housing Finance and Development Corporation to give preference to certain projects with perpetual affordability commitments, that are revenue neutral, and to applicants with a demonstrated history of early repayment to the RHRF. Authorizes HHFDC to use moneys in the RHRF that have been reserved or awarded by HHFDC for specific projects but have not yet been encumbered to fund other rental housing projects subject to certain conditions. Authorizes HHFDC to secure a line of credit or other instrument of indebtedness to provide liquidity for the RHRF under certain conditions. Repeals 6/30/2030. (CD1)

Status
Passed
Signed or otherwise enacted
Status date
Jul 9, 2026
126 days ago
Current chamber
House of Representatives
Session
2026 Regular Session
HI SB 2060 · PassedJul 9

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Bill details

Last action
Act 212, on 07/08/2026 (Gov. Msg. No. 1314). · Jul 9, 2026

Sponsors

SCStanley ChangSenator · Democrat · SD-009Primary sponsor
MGMike GabbardSenator · Democrat · SD-021
TRTim RichardsSenator · Democrat · SD-004
JSJoy San BuenaventuraSenator · Democrat · SD-002
GWGlenn WakaiSenator · Democrat · SD-015

Bill history

Newest first.

Jul 9, 2026Act 212, on 07/08/2026 (Gov. Msg. No. 1314).House
Jul 9, 2026Act 212, 07/08/2026 (Gov. Msg. No. 1314).Senate
May 8, 2026Enrolled to Governor.Senate
May 8, 2026Received notice of passage on Final Reading in House (Hse. Com. No. 888).Senate
May 6, 2026Received notice of Final Reading (Sen. Com. No. 816).House
May 6, 2026Passed Final Reading as amended in CD 1 with none voting aye with reservations; Representative(s) Cochran, Pierick voting no (2) and none excused (0).House
May 6, 2026Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.Senate
May 1, 2026Forty-eight (48) hours notice Wednesday, 05-06-26.House
Show 42 earlier actions
May 1, 2026Reported from Conference Committee (Conf Com. Rep. No. 128-26) as amended in (CD 1).House
May 1, 202648 Hrs. Notice (as amended CD 1) 05-06-26.Senate
May 1, 2026Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 128-26).Senate
May 1, 2026The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 3 Ayes: Representative(s) Evslin, Miyake, Pierick; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.House
May 1, 2026The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 3 Aye(s): Senator(s) Chang, Hashimoto, Rhoads; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.Senate
Apr 30, 2026Conference Committee Meeting will reconvene on Friday 05-01-26 10:00AM in conference room 224.House
Apr 29, 2026Conference Committee Meeting will reconvene on Thursday 04-30-26 10:00AM in conference room 224.House
Apr 28, 2026Conference Committee Meeting will reconvene on Wednesday 04-29-26 10:00AM in conference room 224.House
Apr 27, 2026Bill scheduled for Conference Committee Meeting on Tuesday, 04-28-26 10:03AM in conference room 224.House
Apr 27, 2026Received notice of appointment of House conferees (Hse. Com. No. 839).Senate
Apr 24, 2026House Conferees Appointed: Evslin, Miyake Co-Chairs; Pierick.House
Apr 21, 2026Received notice of Senate conferees (Sen. Com. No. 718).House
Apr 21, 2026Senate Conferees Appointed: Chang Chair; Hashimoto Co-Chair; Rhoads.Senate
Apr 10, 2026Received notice of disagreement (Sen. Com. No. 564).House
Apr 10, 2026Senate disagrees with House amendments.Senate
Apr 10, 2026Received from House (Hse. Com. No. 500).Senate
Apr 9, 2026Passed Third Reading with none voting aye with reservations; Representative(s) Pierick voting no (1) and Representative(s) Cochran excused (1). Transmitted to Senate.House
Apr 9, 2026Reported from FIN (Stand. Com. Rep. No. 2016-26), recommending passage on Third Reading.House
Apr 7, 2026The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 15 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Perruso, Templo, Yamashita, Gedeon, Reyes Oda; Ayes with reservations: Representative(s) Alcos; Noes: none; and 1 Excused: Representative(s) Morikawa.House
Apr 2, 2026Bill scheduled for decision making on Tuesday, 04-07-26 10:10AM in conference room 308 VIA VIDEOCONFERENCE.House
Apr 2, 2026The committee(s) on FIN recommend(s) that the measure be deferred until 04-07-26.House
Mar 31, 2026Bill scheduled to be heard by FIN on Thursday, 04-02-26 2:00PM in House conference room 308 VIA VIDEOCONFERENCE.House
Mar 25, 2026Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with Representative(s) Cochran voting aye with reservations; Representative(s) Pierick voting no (1) and Representative(s) Matsumoto, Perruso excused (2).House
Mar 25, 2026Reported from HSG (Stand. Com. Rep. No. 1420-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.House
Mar 20, 2026The committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Evslin, Miyake, Grandinetti, Kitagawa, La Chica, Muraoka, Pierick; Ayes with reservations: Representative(s) Cochran; Noes: none; and 1 Excused: Representative(s) Kila.House
Mar 17, 2026Bill scheduled to be heard by HSG on Friday, 03-20-26 9:00AM in House conference room 430 VIA VIDEOCONFERENCE.House
Mar 10, 2026Referred to HSG, FIN, referral sheet 15House
Mar 6, 2026Pass First ReadingHouse
Mar 5, 2026Received from Senate (Sen. Com. No. 20) in amended form (SD 2).House
Mar 5, 2026Report Adopted; Passed Third Reading, as amended (SD 2). Ayes, 24; Aye(s) with reservations: none. Noes, 0 (none). Excused, 1 (Senator(s) Ihara). Transmitted to House.Senate
Feb 24, 202648 Hrs. Notice 03-05-26.Senate
Feb 24, 2026Reported from WAM (Stand. Com. Rep. No. 2709) with recommendation of passage on Third Reading, as amended (SD 2).Senate
Feb 19, 2026The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 11 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Kidani, Richards.Senate
Feb 13, 2026The committee(s) on WAM will hold a public decision making on 02-19-26 10:30AM; Conference Room 211 & Videoconference.Senate
Feb 11, 2026Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.Senate
Feb 11, 2026Reported from HOU (Stand. Com. Rep. No. 2146) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.Senate
Feb 3, 2026The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 4 Aye(s): Senator(s) Chang, Hashimoto, Elefante, Rhoads; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.Senate
Jan 27, 2026The committee(s) on HOU deferred the measure until 02-03-26 1:00PM; Conference Room 225 & Videoconference.Senate
Jan 23, 2026The committee(s) on HOU has scheduled a public hearing on 01-27-26 1:00PM; Conference Room 225 & Videoconference.Senate
Jan 22, 2026Referred to HOU, WAM.Senate
Jan 21, 2026Introduced and passed First Reading.Senate
Jan 14, 2026Pending Introduction.Senate

Recorded votes

Senate Housing: Passed, With AmendmentsFeb 3, 2026 · Senate · 4 yea · 0 nayPassed
Senate Ways and Means: Passed, With AmendmentsFeb 19, 2026 · Senate · 11 yea · 0 nayPassed
House Conference: Passed, With AmendmentsMay 1, 2026 · House · 3 yea · 0 nayPassed
Senate Conference: Passed, With AmendmentsMay 1, 2026 · Senate · 3 yea · 0 nayPassed

Subjects

  • HHFDC
  • Mixed-Income Subaccount
  • RHRF

Read the bill at the source

This page follows the bill as the legislature records it. For the bill's full text and the official record, use the legislature's own site.

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