All Roll Calls
Yes: 211 • No: 2
HawaiiSB 32182025–2026 Regular Session (Year 2)SenateWALLET
RELATING TO BONDS.
Sponsored By: Troy N. Hashimoto (Democratic)
Signed by Governor
Summary
Part I: Substitutes the word "tax increment" with "resilient infrastructure for shelter and equity" for purposes of the Resilient Infrastructure for Shelter and Equity Act, except under certain circumstances. Part II: Conforms state law concerning county debt limits to permit counties to exclude resilient infrastructure for shelter and equity bonds from the debt limit of the counties, if a constitutional amendment authorizing the use of resilient infrastructure for shelter and equity bonds and excluding resilient infrastructure for shelter and equity bonds from determinations of the counties' funded debt is ratified. Effective 7/1/3000. (HD2)
Resilient Infrastructure for Shelter and Equity BondsCountiesCounty Debt Limit StatementsTransit-Oriented Development ZoneHSG, FIN
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Counties gain new transit project financing
Hawaii counties can create bond-financed districts for projects in qualifying transit areas, but agricultural land is excluded. Before creating a district, counties must show other transit financing was used as fully as feasible or is legally or financially infeasible. An independent analysis must address housing affordability and whether the project can proceed. District costs include funding or refilling bond reserves, and counties can make project agreements with redevelopment agencies, landowners or developers, and bondholders. After project costs, bond payments, required reserves, and the county’s specified share are covered, remaining tax-increment money can repay or buy bonds, release the tax pledge, go into escrow, or go to the county, subject to bondholder agreements. These bonds can be left out of county funded-debt calculations only after a constitutional amendment authorizing them and excluding them from those calculations is ratified.
Sponsors & Cosponsors
Sponsor
Troy N. Hashimoto
Democratic • Senate
Cosponsors
Stanley Chang
Democratic • Senate
Herbert M. "Tim" Richards III
Democratic • Senate
Glenn Wakai
Democratic • Senate
Roll Call Votes
House vote • 5/6/2026
House Floor Vote
Yes: 49 • No: 1
Senate vote • 5/1/2026
The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS....
Yes: 3 • No: 0
House vote • 5/1/2026
The Conference Committee recommends that the measure be Passed, with Amendments....
Yes: 3 • No: 0
House vote • 4/14/2026
House Floor Vote
Yes: 49 • No: 1
House vote • 4/8/2026
The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The ...
Yes: 15 • No: 0
House vote • 3/23/2026
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN...
Yes: 44 • No: 0
House vote • 3/18/2026
The committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The ...
Yes: 8 • No: 0
Senate vote • 3/10/2026
Senate Floor Vote
Yes: 25 • No: 0
Senate vote • 3/3/2026
The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENT...
Yes: 12 • No: 0
Senate vote • 2/17/2026
The committee(s) on EIG recommend(s) that the measure be PASSED, WITH AMENDMENT...
Yes: 3 • No: 0
Actions Timeline
Act 031, 05/22/2026 (Gov. Msg. No. 1131).
5/22/2026SenateAct 031, on 05/22/2026 (Gov. Msg. No. 1131).
5/22/2026HouseReceived notice of passage on Final Reading in House (Hse. Com. No. 888).
5/8/2026SenateEnrolled to Governor.
5/8/2026SenatePassed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.
5/6/2026SenatePassed Final Reading as amended in CD 1 with Representative(s) Cochran voting aye with reservations; Representative(s) Iwamoto voting no (1) and Representative(s) Alcos excused (1).
5/6/2026HouseReceived notice of Final Reading (Sen. Com. No. 816).
5/6/2026HouseThe Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 3 Aye(s): Senator(s) Wakai, Hashimoto, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
5/1/2026SenateThe Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 3 Ayes: Representative(s) Evslin, Miyake, Muraoka; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.
5/1/2026HouseReported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 219-26).
5/1/2026Senate48 Hrs. Notice (as amended CD 1) 05-06-26.
5/1/2026SenateReported from Conference Committee (Conf Com. Rep. No. 219-26) as amended in (CD 1).
5/1/2026HouseForty-eight (48) hours notice Wednesday, 05-06-26.
5/1/2026HouseConference committee meeting to reconvene on 05-01-26 10:10AM; Conference Room 224.
4/30/2026SenateConference committee meeting to reconvene on 04-30-26 10:10AM; Conference Room 224.
4/29/2026SenateConference committee meeting to reconvene on 04-29-26 10:10AM; Conference Room 224.
4/28/2026SenateConference committee meeting to reconvene on 04-28-26 10:10AM; CR 224.
4/27/2026SenateConference committee meeting to reconvene on 04-27-26 10:10AM; Conference Room 224.
4/24/2026SenateBill scheduled for Conference Committee Meeting on Friday, 04-24-26 10:10AM in conference room 224.
4/23/2026HouseSenate Conferees Appointed: Wakai Chair; Hashimoto Co-Chair; Fevella.
4/21/2026SenateReceived notice of Senate conferees (Sen. Com. No. 718).
4/21/2026HouseHouse Conferees Appointed: Evslin, Miyake Co-Chairs; Muraoka.
4/20/2026HouseReceived notice of appointment of House conferees (Hse. Com. No. 787).
4/20/2026SenateReceived from House (Hse. Com. No. 762).
4/16/2026SenateSenate disagrees with House amendments.
4/16/2026Senate
Bill Text
Bill Text
Original
SB3218_CD1
SB3218_HD1
SB3218_HD2
SB3218_SD1
SB3218_SD2
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