STATE BILLHI SB 744ENGROSSED

Relating To Condominiums.

State of Hawaii

Establishes within the Hawaii Green Infrastructure Authority the Condominium Loan Program to provide qualified condominium associations with low-cost financing or refinancing on previously obtained loans for maintenance and essential repairs. Establishes the Condominium Loan Loss Reserves Program to incentivize lenders into providing loans at competitive rates and terms for the purpose of allowing condominium associations to make necessary maintenance or repairs. Requires annual reports to the Legislature. Appropriates funds into and out of the Condominium Loan Revolving Fund. Effective 7/1/2050. (SD1)

Status
Engrossed
Passed its first chamber
Status date
Feb 28, 2025
622 days ago
Current chamber
House of Representatives
Session
2026 Regular Session
HI SB 744 · EngrossedFeb 28

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Bill details

Last action
Carried over to 2026 Regular Session. · Dec 8, 2025
Pending committee
Consumer Protection & Commerce

Sponsors

DCDonovan CruzSenator · Democrat · SD-017Primary sponsor
SCStanley ChangSenator · Democrat · SD-009Primary sponsor
THTroy HashimotoSenator · Democrat · SD-005Primary sponsor
MKMichelle KidaniSenator · Democrat · SD-018Primary sponsor

Bill history

Newest first.

Dec 8, 2025Carried over to 2026 Regular Session.
Mar 4, 2025Referred to CPC, FIN, referral sheet 18House
Mar 4, 2025Pass First ReadingHouse
Feb 28, 2025Received from Senate (Sen. Com. No. 45) in amended form (SD 1).House
Feb 28, 2025Report Adopted; Passed Third Reading. Ayes, 23; Aye(s) with reservations: Senator(s) Inouye. Noes, 0 (none). Excused, 2 (Senator(s) Fukunaga, Kidani). Transmitted to House.Senate
Feb 27, 2025One Day Notice 02-28-25.Senate
Feb 27, 2025Reported from WAM (Stand. Com. Rep. No. 779) with recommendation of passage on Third Reading.Senate
Feb 18, 2025The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, Elefante, Hashimoto, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: Senator(s) Inouye ; 0 No(es): none; and 1 Excused: Senator(s) DeCoite.Senate
Show 9 earlier actions
Feb 14, 2025The committee(s) on WAM will hold a public decision making on 02-18-25 10:01AM; Conference Room 211 & Videoconference.Senate
Feb 7, 2025Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.Senate
Feb 7, 2025Reported from CPN/EDT (Stand. Com. Rep. No. 100) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.Senate
Feb 5, 2025The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EDT were as follows: 4 Aye(s): Senator(s) DeCoite, Wakai, Fukunaga, Kim; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa.Senate
Feb 5, 2025The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, McKelvey, Richards; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa.Senate
Jan 31, 2025The committee(s) on CPN/EDT has scheduled a public hearing on 02-05-25 9:45AM; Conference Room 229 & Videoconference.Senate
Jan 23, 2025Referred to CPN/EDT, WAM.Senate
Jan 21, 2025Passed First Reading.Senate
Jan 17, 2025Introduced.Senate

Recorded votes

Senate Ways and Means: Passed, UnamendedFeb 18, 2025 · Senate · 12 yea · 0 nayPassed
Senate Economic Development and Technology: Passed, With AmendmentsFeb 5, 2025 · Senate · 4 yea · 0 nayPassed
Senate Commerce and Consumer Protection: Passed, With AmendmentsFeb 5, 2025 · Senate · 4 yea · 0 nayPassed

Subjects

  • DBEDT
  • Hawaii Green Infrastructure Authority
  • Condominium Associations
  • Condominium Loan Program
  • Condominium Loan Loss Reserves Program
  • Condominium Loan Revolving Fund
  • Reports
  • Appropriations ($)

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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