All Roll Calls
Yes: 49 • No: 0
HawaiiHB 10482025–2026 Regular Session (Year 2)House
RELATING TO INSTALLMENT LOANS.
Sponsored By: Nadine K. Nakamura (Democratic)
Passed
Summary
Replaces the term "consumer loan" with the defined term "installment loan" for consistency throughout the installment loan chapter. Clarifies who is subject to the installment loan chapter. Requires loan maintenance fees to be prorated daily. Allows lenders to charge a convenience fee of up to $5 for debit card payments. Requires paper receipts only for in-person or cash payments and removes consumer names from receipts. Repeals the requirement for lenders to wait three days after a consumer fully repays a loan before issuing a new installment loan. Sunsets 6/30/2028. Effective 7/1/3000. (HD1)
Department of Commerce and Consumer AffairsDivision of Financial InstitutionsInstallment LenderLenderCPC, FIN
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Nadine K. Nakamura
Democratic • House
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
House vote • 2/11/2025
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN...
Yes: 49 • No: 0
Actions Timeline
Carried over to 2026 Regular Session.
12/8/2025Reported from CPC (Stand. Com. Rep. No. 426) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
2/11/2025HousePassed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Ward excused (2).
2/11/2025HouseThe committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Matayoshi, Chun, Ilagan, Ichiyama, Iwamoto, Marten, Tam, Pierick; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Kong, Lowen.
2/4/2025HouseBill scheduled to be heard by CPC on Tuesday, 02-04-25 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.
1/31/2025HouseIntroduced and Pass First Reading.
1/23/2025HouseReferred to CPC, FIN, referral sheet 3
1/23/2025HousePending introduction.
1/21/2025House
Bill Text
Bill Text
HB1048_HD1
Original
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