# Hawaii SB 1367: RELATING TO INSTALLMENT LOANS.

Hawaii SB 1367, RELATING TO INSTALLMENT LOANS., is a 2025–2026 Regular Session (Year 1) Senate bill sponsored by Ronald D. Kouchi (Democratic); status signed, last action 2025-05-29 (Act 116, 05/29/2025 (Gov. Msg. No. 1216).); PRIA reads it as touching household money (as of 2026-10-27).

- Canonical: https://policyrisk.com/state-bill/HI-SB1367-2025
- 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 1367
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 1)
- Title: RELATING TO INSTALLMENT LOANS.
- Status: signed
- Chamber: Senate
- Introduced: 2025-01-21
- Last action: 2025-05-29, Act 116, 05/29/2025 (Gov. Msg. No. 1216).
- Sponsor: Ronald D. Kouchi (Democratic)
- Cosponsors: 0
- Subjects: Department of Commerce and Consumer Affairs, Division of Financial Institutions, Installment Lenders, Lenders, Maintenance Fees, Convenience Fees, CPC, FIN
- Touches household money: yes
- Roll calls: 9 (203 yes, 1 no in all)
- Economic provisions PRIA read: 3

## Summary

Clarifies chapter 480J, HRS, regulating installment lenders. Replaces the term "consumer loan" with the defined term "installment loan" for consistency throughout the installment loan chapter. Requires loan maintenance fees to be prorated daily. Allows lenders to charge a convenience fee. 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 6/30/2030. (CD1)

## Bill overview: provisions PRIA read

- Borrowers can reapply sooner: benefit, low. Starting July 1, 2025, lenders no longer have to wait three days after you pay off an installment loan before making you another loan. A lender still does not have to approve a new loan. This change lasts through June 30, 2030.
- More businesses face loan rules: benefit, low. Starting July 1, 2025, Hawaii's installment-lending rules cover certain businesses that arrange loans or act for lenders required to be licensed. For each cash or in-person payment, lenders must give a written receipt showing their name and address, the payment date and amount, and enough informati…
- Loan fees get daily limits: mixed, low. Starting July 1, 2025, lenders prorate maintenance fees for part of a month using a daily amount. The rate is $0.83 for loans up to $299.99, $1 for loans from $300 to $699.99, and $1.17 for loans of $700 or more. Thirty days count as one month. Lenders may also charge up to $1 for a debit-card paym…

## Sponsors and cosponsors

- Sponsor: Ronald D. Kouchi (Democratic), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-04-30 | House | House Floor Vote | pass | 49 | 0 |   |
| 2025-04-25 | Senate | The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS.... | pass | 2 | 0 |   |
| 2025-04-25 | House | The Conference Committee recommends that the measure be Passed, with Amendments.... | pass | 3 | 0 |   |
| 2025-04-04 | House | House Floor Vote | pass | 48 | 1 |   |
| 2025-03-31 | House | The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes ... | pass | 14 | 0 |   |
| 2025-03-18 | House | Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN... | pass | 49 | 0 |   |
| 2025-03-12 | House | The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The ... | pass | 8 | 0 |   |
| 2025-03-04 | Senate | Senate Floor Vote | pass | 25 | 0 |   |
| 2025-02-14 | Senate | The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENT... | pass | 5 | 0 |   |

## Actions (43)

- 2025-05-29: Act 116, 05/29/2025 (Gov. Msg. No. 1216). (Senate)
- 2025-05-29: Act 116, on 05/29/2025 (Gov. Msg. No. 1216). (House)
- 2025-05-02: Received notice of passage on Final Reading in House (Hse. Com. No. 821). (Senate)
- 2025-05-02: Enrolled to Governor. (Senate)
- 2025-05-01: Received notice of Final Reading (Sen. Com. No. 888). (House)
- 2025-04-30: Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none. (Senate)
- 2025-04-30: Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Pierick excused (2). (House)
- 2025-04-25: The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 2 Aye(s): Senator(s) Fukunaga, Richards; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa. (Senate)
- 2025-04-25: The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 3 Ayes: Representative(s) Matayoshi, Takenouchi, Pierick; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none. (House)
- 2025-04-25: Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 148). (Senate)
- 2025-04-25: 48 Hrs. Notice (as amended CD 1) 04-30-25. (Senate)
- 2025-04-25: Reported from Conference Committee (Conf Com. Rep. No. 148) as amended in (CD 1). (House)
- 2025-04-25: Forty-eight (48) hours notice Wednesday, 04-30-25. (House)
- 2025-04-24: Conference committee meeting to reconvene on 04-25-25 1:30PM; Conference Room 224. (Senate)
- 2025-04-23: Conference Committee Meeting will reconvene on Thursday 04-24-25 1:30PM in conference room 224. (House)
- 2025-04-22: Conference committee meeting scheduled for 04-23-25 1:40PM; Conference Room 224. (Senate)
- 2025-04-21: Senate Conferees Appointed: Fukunaga Chair; Richards Co-Chair; Awa. (Senate)
- 2025-04-21: Received notice of Senate conferees (Sen. Com. No. 848). (House)
- 2025-04-15: Received notice of appointment of House conferees (Hse. Com. No. 731). (Senate)
- 2025-04-14: House Conferees Appointed: Matayoshi, Takenouchi Co-Chairs; Pierick. (House)
- 2025-04-08: Received from House (Hse. Com. No. 606). (Senate)
- 2025-04-08: Senate disagrees with House amendments. (Senate)
- 2025-04-08: Received notice of disagreement (Sen. Com. No. 774). (House)
- 2025-04-04: Reported from FIN (Stand. Com. Rep. No. 1955), recommending passage on Third Reading. (House)
- 2025-04-04: Passed Third Reading with none voting aye with reservations; Representative(s) Amato voting no (1) and Representative(s) Cochran, Kapela excused (2). Transmitted to Senate. (House)
- 2025-03-31: The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 14 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lamosao, Lee, M., Miyake, Morikawa, Templo, Alcos, Reyes Oda; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Holt, Ward. (House)
- 2025-03-28: Bill scheduled to be heard by FIN on Monday, 03-31-25 3:15PM in House conference room 308 VIA VIDEOCONFERENCE. (House)
- 2025-03-18: Reported from CPC (Stand. Com. Rep. No. 1296) 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)
- 2025-03-12: The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Matayoshi, Chun, Ilagan, Iwamoto, Kong, Marten, Tam, Pierick; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Ichiyama, Lowen. (House)
- 2025-03-10: Bill scheduled to be heard by CPC on Wednesday, 03-12-25 2:00PM in House conference room 329 VIA VIDEOCONFERENCE. (House)
- 2025-03-06: Pass First Reading (House)
- 2025-03-06: Referred to CPC, FIN, referral sheet 19 (House)
- 2025-03-04: Passed Third Reading, as amended (SD 1). 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. 314) in amended form (SD 1). (House)
- 2025-02-27: Reported from CPN (Stand. Com. Rep. No. 794) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading. (Senate)
- 2025-02-27: Report adopted; Passed Second Reading, as amended (SD 1). (Senate)
- 2025-02-27: 48 Hrs. Notice 03-04-25. (Senate)
- 2025-02-14: 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. (Senate)
- 2025-02-10: The committee(s) on CPN has scheduled a public hearing on 02-14-25 9:30AM; Conference Room 229 & Videoconference. (Senate)
- 2025-01-27: Referred to CPN. (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/SB1367_CD1_.pdf)
- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1367_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2025/bills/GM1216_.PDF)
- SB1367_CD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1367_CD1_.HTM)
- SB1367_HD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1367_HD1_.HTM)
- SB1367_SD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1367_SD1_.HTM)

## Related bills

- HB 431: RELATING TO HOUSING. (signed)
- HB 420: RELATING TO REMEDIES. (signed)
- SB 1296: RELATING TO DISASTER RECOVERY. (signed)
- HB 830: RELATING TO HISTORIC PRESERVATION REVIEWS. (signed)
- HB 1064: RELATING TO FIRE PROTECTION. (signed)
- HB 943: RELATING TO HOMELESSNESS. (signed)

## Sources
- [Bill Text (PDF)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1367_CD1_.pdf)
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1367_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2025/bills/GM1216_.PDF)
- [SB1367_CD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1367_CD1_.HTM)
- [SB1367_HD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1367_HD1_.HTM)
- [SB1367_SD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1367_SD1_.HTM)

## Related
- [HB 431: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-HB431-2025)
- [HB 420: RELATING TO REMEDIES.](https://policyrisk.com/state-bill/HI-HB420-2025)
- [SB 1296: RELATING TO DISASTER RECOVERY.](https://policyrisk.com/state-bill/HI-SB1296-2025)
- [HB 830: RELATING TO HISTORIC PRESERVATION REVIEWS.](https://policyrisk.com/state-bill/HI-HB830-2025)
- [HB 1064: RELATING TO FIRE PROTECTION.](https://policyrisk.com/state-bill/HI-HB1064-2025)
- [HB 943: RELATING TO HOMELESSNESS.](https://policyrisk.com/state-bill/HI-HB943-2025)
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Source: PRIA, https://policyrisk.com/state-bill/HI-SB1367-2025 (as of 2026-10-27).