HawaiiSB 16012025–2026 Regular Session (Year 2)Senate

RELATING TO CONDOMINIUMS.

Sponsored By: Jarrett Keohokalole (Democratic)

Passed

Summary

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 or repair projects. Limits loan terms to 20 years and prohibits any new loans after 6/30/2047. Establishes the Condominium Loan Loss Reserves Program to incentivize community development financial institutions into providing loans at competitive rates and terms to condominium associations 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. Repeals 06/30/2047. (SD2)

HGIACondominium Loan ProgramCondominium Loan Loss Reserves ProgramCondominium Loan Revolving FundCommunity Development Financial InstitutionsReportsAppropriationsCPC, FIN

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Jarrett Keohokalole

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 51 • No: 0

Senate vote 3/4/2025

Senate Floor Vote

Yes: 25 • No: 0

Senate vote 2/19/2025

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

Yes: 4 • No: 0

Senate vote 2/19/2025

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

Yes: 13 • No: 0

Senate vote 2/11/2025

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

Yes: 5 • No: 0

Senate vote 2/11/2025

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

Yes: 4 • No: 0

Actions Timeline

  1. Carried over to 2026 Regular Session.

    12/8/2025
  2. Pass First Reading

    3/6/2025House
  3. Referred to 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. 376) in amended form (SD 2).

    3/4/2025House
  6. Reported from WAM/JDC (Stand. Com. Rep. No. 889) 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 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, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: Senator(s) Inouye ; 0 No(es): none; and 0 Excused: none.

    2/19/2025Senate
  9. The committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in JDC were as follows: 4 Aye(s): Senator(s) Rhoads, Chang, San Buenaventura, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Gabbard.

    2/19/2025Senate
  10. Reported from CPN/EDT (Stand. Com. Rep. No. 639) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM/JDC.

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

    2/14/2025Senate
  12. The committee(s) on WAM/JDC will hold a public decision making on 02-19-25 10:16AM; Conference Room 211 & Videoconference.

    2/14/2025Senate
  13. The 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, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Richards.

    2/11/2025Senate
  14. The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EDT were as follows: 5 Aye(s): Senator(s) DeCoite, Wakai, Fukunaga, Kim, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

    2/11/2025Senate
  15. The committee(s) on CPN/EDT deferred the measure until 02-11-25 1:06PM; Conference Room 229 & Videoconference.

    2/7/2025Senate
  16. The committee(s) on CPN/EDT deferred the measure until 02-07-25 10:01AM; Conference Room 229.

    2/5/2025Senate
  17. The committee(s) on CPN/EDT has scheduled a public hearing on 02-05-25 9:45AM; Conference Room 229 & Videoconference.

    1/31/2025Senate
  18. Passed First Reading.

    1/27/2025Senate
  19. Referred to CPN/EDT, WAM/JDC.

    1/27/2025Senate
  20. Introduced.

    1/23/2025Senate

Bill Text

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