HawaiiSB 20712025–2026 Regular Session (Year 2)SenateWALLET

RELATING TO HOUSING.

Sponsored By: Stanley Chang (Democratic)

Failed

Summary

Clarifies that the dwelling units eligible for the Rent-to-Own Program shall be units that are for sale in fee simple or leasehold on non-ceded state or county land under a lease with an initial term of not less than 99 years. Replaces the five-year period during which the sales price of a rent-to-own dwelling unit shall remain fixed with an option period established by the Hawaii Housing Finance and Development Corporation. Effective 7/1/2050. (SD1)

HHFDCHousingRent-to-Own ProgramFee SimpleLeaseholdOption PeriodHOU/CPN, WAM

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Stanley Chang

    Democratic • Senate

Cosponsors

  • Kurt Fevella

    Republican • Senate

  • Troy N. Hashimoto

    Democratic • Senate

  • Herbert M. "Tim" Richards III

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 9 • No: 0

Senate vote • 2/3/2026

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

Yes: 5 • No: 0

Senate vote • 2/3/2026

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

Yes: 4 • No: 0

Bill Text

Related Bills

Back to State Legislation