HawaiiSB 4912025–2026 Regular Session (Year 2)Senate

RELATING TO HOUSING.

Sponsored By: Stanley Chang (Democratic)

Passed

Summary

Establishes the Accessory Dwelling Unit Financing and Deed Restriction Program to be administered by the Hawaii Housing Finance and Development Corporation to allocate funds to the counties for the purchase of equity for eligible homeowners or homebuyers to finance construction costs, development costs, and non-reoccurring closing costs associated with the construction of an accessory dwelling unit and purchase deed restrictions on such property. Exempts the conveyance tax for certain properties for taxable years beginning on 1/1/2026. Effective 7/1/2050. (SD1)

HHFDCCountiesAccessory Dwelling UnitsEquityPurchaseVoluntary Deed RestrictionsHOU, WAM

Your PRIA Score

Score Hidden

Personalized for You

How does this bill affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Stanley Chang

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 4 • No: 0

Senate vote 2/4/2025

The committee(s) on HOU 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. Reported from HOU (Stand. Com. Rep. No. 332) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

    2/12/2025Senate
  3. Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

    2/12/2025Senate
  4. 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.

    2/4/2025Senate
  5. The committee(s) on HOU deferred the measure until 02-04-25 1:00PM; CR 225.

    1/30/2025Senate
  6. Re-Referred to HOU, WAM.

    1/27/2025Senate
  7. The committee(s) on HOU has scheduled a public hearing on 01-30-25 1:10PM; Conference Room 225 & Videoconference.

    1/27/2025Senate
  8. Referred to HOU/EIG, WAM.

    1/21/2025Senate
  9. Introduced.

    1/17/2025Senate
  10. Passed First Reading.

    1/17/2025Senate

Bill Text

Related Bills

Back to State Legislation