HawaiiSB 11332025–2026 Regular Session (Year 2)Senate

RELATING TO HOUSING.

Sponsored By: Angus L.K. McKelvey (Democratic)

Passed

Summary

Authorizes certain counties to establish a rental unit price ceiling ordinance that prohibits a landlord from increasing the rental price of a dwelling unit at a rate that exceeds the percentage calculated and published by the county based on changes in the applicable Consumer Price Index. Beginning 8/1/2025, requires certain counties to annually calculate and publish the maximum rate at which a landlord may increase the rental price of a dwelling unit during the immediately succeeding twelve-month period. Establishes a nonrefundable Long-Term Residential Lease Tax Credit for taxpayers who own and lease a dwelling unit located in a county that has adopted a rental unit price ceiling ordinance to a person as the person's principal residence in the State pursuant to a lease agreement of a term of one year or longer. Allows the tax credit to be carried forward for up to three taxable years. Applies to taxable years beginning after 12/31/2025. Effective 7/1/2050. (SD2)

CountiesOrdinanceRental Unit Price ControlIncome Tax CreditResidential LandlordsLong-Term LeaseHSG/ECD, CPC, FIN

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Angus L.K. McKelvey

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 44 • No: 0

Senate vote 3/4/2025

Senate Floor Vote

Yes: 25 • No: 0

Senate vote 2/26/2025

The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENT...

Yes: 5 • No: 0

Senate vote 2/26/2025

The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENT...

Yes: 11 • No: 0

Senate vote 2/5/2025

The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENT...

Yes: 3 • No: 0

Actions Timeline

  1. Carried over to 2026 Regular Session.

    12/8/2025
  2. Pass First Reading

    3/6/2025House
  3. Referred to HSG/ECD, CPC, FIN, referral sheet 19

    3/6/2025House
  4. Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.

    3/4/2025Senate
  5. Received from Senate (Sen. Com. No. 263) in amended form (SD 2).

    3/4/2025House
  6. Reported from CPN/WAM (Stand. Com. Rep. No. 894) with recommendation of passage on Third Reading, as amended (SD 2).

    2/28/2025Senate
  7. 48 Hrs. Notice 03-04-25.

    2/28/2025Senate
  8. The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 5 Aye(s): Senator(s) Keohokalole, Fukunaga, McKelvey, Richards, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

    2/26/2025Senate
  9. The 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, Kidani, Kim, Lee, C., Wakai; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Aquino, Fevella.

    2/26/2025Senate
  10. The committee(s) on CPN/WAM will hold a public decision making on 02-26-25 10:00AM; Conference Room 211 & Videoconference.

    2/20/2025Senate
  11. Reported from HOU (Stand. Com. Rep. No. 562) with recommendation of passage on Second Reading, as amended (SD 1) and referral to CPN/WAM.

    2/14/2025Senate
  12. Report adopted; Passed Second Reading, as amended (SD 1) and referred to CPN/WAM.

    2/14/2025Senate
  13. The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 3 Aye(s): Senator(s) Chang, Hashimoto, Kanuha; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Aquino, Fevella.

    2/5/2025Senate
  14. The committee(s) on HOU has scheduled a public hearing on 02-06-25 1:05PM; Conference Room 225 & Videoconference.

    2/3/2025Senate
  15. Re-Referred to HOU, CPN/WAM.

    1/31/2025Senate
  16. Referred to HOU/EIG, CPN/WAM.

    1/23/2025Senate
  17. Passed First Reading.

    1/21/2025Senate
  18. Introduced.

    1/17/2025Senate

Bill Text

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