# Hawaii SB 1229: RELATING TO THE DWELLING UNIT REVOLVING FUND.

Hawaii SB 1229, RELATING TO THE DWELLING UNIT REVOLVING FUND., is a 2025–2026 Regular Session (Year 1) Senate bill sponsored by Troy N. Hashimoto (Democratic); status passed house, last action 2025-04-25 (Conference committee meeting to reconvene on 04-25-25 3:30 PM; Conference Room 016.) (as of 2026-10-27).

- Canonical: https://policyrisk.com/state-bill/HI-SB1229-2025
- As of: 2026-10-27
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Hawaii SB 1229
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 1)
- Title: RELATING TO THE DWELLING UNIT REVOLVING FUND.
- Status: passed house
- Chamber: Senate
- Introduced: 2025-01-21
- Last action: 2025-04-25, Conference committee meeting to reconvene on 04-25-25 3:30 PM; Conference Room 016.
- Sponsor: Troy N. Hashimoto (Democratic)
- Cosponsors: 5
- Subjects: HHFDC, DURF, Dwelling Unit Revolving Fund Equity Pilot Program, Interim Financing, HSG, FIN
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Extends the Dwelling Unit Revolving Fund Equity Pilot Program to 6/30/2030. Gives preference to for-sale housing development projects developed under governmental assistance programs approved by the Hawaii Housing Finance and Development Corporation. Effective 7/1/3000. (HD1)

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Troy N. Hashimoto (Democratic), Senate
- Cosponsor: Stanley Chang (Democratic), Senate
- Cosponsor: Kurt Fevella (Republican), Senate
- Cosponsor: Dru Mamo Kanuha (Democratic), Senate
- Cosponsor: Angus L.K. McKelvey (Democratic), Senate
- Cosponsor: Herbert M. "Tim" Richards III (Democratic), Senate

## Actions (41)

- 2025-04-25: Conference committee meeting to reconvene on 04-25-25 3:30 PM; Conference Room 016. (Senate)
- 2025-04-25: Senate Conferees Changed: Senators Lee, C. added as Co-Chair. Senator Hashimoto discharged as Co-Chair. (Senate)
- 2025-04-25: Conference committee meeting to reconvene on 04-25-25 4:30 PM; Conference Room 225. (Senate)
- 2025-04-25: Received notice of change in Senate conferees (Sen. Com. No. 880). (House)
- 2025-04-24: Conference committee meeting to reconvene on 04-25-25 10:30AM; Conference Room 224. (Senate)
- 2025-04-23: Conference committee meeting to reconvene on 04-24-25 10:30AM; Conference Room 224. (Senate)
- 2025-04-22: Conference committee meeting to reconvene on 04-23-25 10:30AM; Conference Room 224. (Senate)
- 2025-04-21: Conference Committee Meeting will reconvene on Tuesday 04-22-25 10:30AM in conference room 224. (House)
- 2025-04-17: Conference committee meeting scheduled for 04-21-25 10:30AM; Conference Room 224. (Senate)
- 2025-04-16: Senate Conferees Appointed: Chang Chair; Hashimoto Co-Chair; Kanuha, Fevella. (Senate)
- 2025-04-16: Received notice of Senate conferees (Sen. Com. No. 809). (House)
- 2025-04-15: Received notice of appointment of House conferees (Hse. Com. No. 731). (Senate)
- 2025-04-14: House Conferees Appointed: Evslin, Miyake Co-Chairs; Pierick. (House)
- 2025-04-04: Received from House (Hse. Com. No. 483). (Senate)
- 2025-04-04: Senate disagrees with House amendments. (Senate)
- 2025-04-04: Received notice of disagreement (Sen. Com. No. 590). (House)
- 2025-04-03: Reported from FIN (Stand. Com. Rep. No. 1913), recommending passage on Third Reading. (House)
- 2025-04-03: Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Woodson excused (2). Transmitted to Senate. (House)
- 2025-03-28: The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 14 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Holt, Keohokapu-Lee Loy, Kitagawa, Kusch, Lamosao, Lee, M., Miyake, Morikawa, Templo, Alcos, Reyes Oda; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Representative(s) Hussey, Ward. (House)
- 2025-03-27: The committee(s) on FIN recommend(s) that the measure be deferred until 03-28-25. (House)
- 2025-03-27: Bill scheduled for decision making on Friday, 03-28-25 1:59PM in conference room 308 VIA VIDEOCONFERENCE. (House)
- 2025-03-24: Bill scheduled to be heard by FIN on Thursday, 03-27-25 3:30PM in House conference room 308 VIA VIDEOCONFERENCE. (House)
- 2025-03-18: Reported from HSG (Stand. Com. Rep. No. 1347) as amended in HD 1, recommending passage on Second Reading and referral to FIN. (House)
- 2025-03-18: Passed 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). (House)
- 2025-03-14: The committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Evslin, Miyake, Grandinetti, Kila, Kitagawa, La Chica, Muraoka; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Representative(s) Cochran, Pierick. (House)
- 2025-03-11: Bill scheduled to be heard by HSG on Friday, 03-14-25 9:00AM in House conference room 430 VIA VIDEOCONFERENCE. (House)
- 2025-03-06: Pass First Reading (House)
- 2025-03-06: Referred to HSG, FIN, referral sheet 19 (House)
- 2025-03-04: 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. (Senate)
- 2025-03-04: Received from Senate (Sen. Com. No. 279) in amended form (SD 2). (House)
- 2025-02-27: Reported from WAM (Stand. Com. Rep. No. 770) with recommendation of passage on Third Reading, as amended (SD 2). (Senate)
- 2025-02-27: 48 Hrs. Notice 03-04-25. (Senate)
- 2025-02-19: The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. (Senate)
- 2025-02-14: The committee(s) on WAM will hold a public decision making on 02-19-25 10:02AM; Conference Room 211 & Videoconference. (Senate)
- 2025-02-10: Reported from HOU (Stand. Com. Rep. No. 144) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. (Senate)
- 2025-02-10: Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. (Senate)
- 2025-01-30: The 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, Kanuha, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Aquino. (Senate)
- 2025-01-27: Referred to HOU, WAM. (Senate)
- 2025-01-27: The committee(s) on HOU has scheduled a public hearing on 01-30-25 1:10PM; Conference Room 225 & Videoconference. (Senate)
- 2025-01-23: Introduced and passed First Reading. (Senate)
- 2025-01-21: Pending Introduction. (Senate)

## Bill text

- Bill Text: [PDF](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1229_HD1_.pdf)
- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1229_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1229_.PDF)
- SB1229_HD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1229_HD1_.HTM)
- SB1229_SD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1229_SD1_.HTM)
- SB1229_SD2: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1229_SD2_.HTM)

## Related bills

- HB 431: RELATING TO HOUSING. (signed)
- HB 1064: RELATING TO FIRE PROTECTION. (signed)
- SB 1044: RELATING TO THE STABILIZATION OF PROPERTY INSURANCE. (signed)
- SB 1231: RELATING TO PARENTAGE. (signed)
- SB 935: RELATING TO GOVERNMENT. (signed)
- HB 703: RELATING TO KUPUNA HOUSING. (signed)

## Sources
- [Bill Text (PDF)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1229_HD1_.pdf)
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1229_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1229_.PDF)
- [SB1229_HD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1229_HD1_.HTM)
- [SB1229_SD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1229_SD1_.HTM)
- [SB1229_SD2 (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1229_SD2_.HTM)

## Related
- [HB 431: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-HB431-2025)
- [HB 1064: RELATING TO FIRE PROTECTION.](https://policyrisk.com/state-bill/HI-HB1064-2025)
- [SB 1044: RELATING TO THE STABILIZATION OF PROPERTY INSURANCE.](https://policyrisk.com/state-bill/HI-SB1044-2025)
- [SB 1231: RELATING TO PARENTAGE.](https://policyrisk.com/state-bill/HI-SB1231-2025)
- [SB 935: RELATING TO GOVERNMENT.](https://policyrisk.com/state-bill/HI-SB935-2025)
- [HB 703: RELATING TO KUPUNA HOUSING.](https://policyrisk.com/state-bill/HI-HB703-2025)
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Source: PRIA, https://policyrisk.com/state-bill/HI-SB1229-2025 (as of 2026-10-27).