HawaiiSB 7442025–2026 Regular Session (Year 2)Senate

RELATING TO CONDOMINIUMS.

Sponsored By: Donovan M. Dela Cruz (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 and essential repairs. Establishes the Condominium Loan Loss Reserves Program to incentivize lenders into providing loans at competitive rates and terms 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. (SD1)

DBEDTHawaii Green Infrastructure AuthorityCondominium AssociationsCondominium Loan ProgramCondominium Loan Loss Reserves ProgramCondominium Loan Revolving FundReportsAppropriationsCPC, FIN

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Donovan M. Dela Cruz

    Democratic • Senate

Cosponsors

  • Stanley Chang

    Democratic • Senate

  • Troy N. Hashimoto

    Democratic • Senate

  • Michelle N. Kidani

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 43 • No: 0

Senate vote 2/28/2025

Senate Floor Vote

Yes: 23 • No: 0

Senate vote 2/18/2025

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

Yes: 12 • No: 0

Senate vote 2/5/2025

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

Yes: 4 • No: 0

Senate vote 2/5/2025

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

    3/4/2025House
  3. Referred to CPC, FIN, referral sheet 18

    3/4/2025House
  4. Report Adopted; Passed Third Reading. Ayes, 23; Aye(s) with reservations: Senator(s) Inouye. Noes, 0 (none). Excused, 2 (Senator(s) Fukunaga, Kidani). Transmitted to House.

    2/28/2025Senate
  5. Received from Senate (Sen. Com. No. 45) in amended form (SD 1).

    2/28/2025House
  6. Reported from WAM (Stand. Com. Rep. No. 779) with recommendation of passage on Third Reading.

    2/27/2025Senate
  7. One Day Notice 02-28-25.

    2/27/2025Senate
  8. The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, Elefante, Hashimoto, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: Senator(s) Inouye ; 0 No(es): none; and 1 Excused: Senator(s) DeCoite.

    2/18/2025Senate
  9. The committee(s) on WAM will hold a public decision making on 02-18-25 10:01AM; Conference Room 211 & Videoconference.

    2/14/2025Senate
  10. Reported from CPN/EDT (Stand. Com. Rep. No. 100) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

    2/7/2025Senate
  11. Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

    2/7/2025Senate
  12. 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, Richards; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa.

    2/5/2025Senate
  13. The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EDT were as follows: 4 Aye(s): Senator(s) DeCoite, Wakai, Fukunaga, Kim; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa.

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

    1/31/2025Senate
  15. Referred to CPN/EDT, WAM.

    1/23/2025Senate
  16. Passed First Reading.

    1/21/2025Senate
  17. Introduced.

    1/17/2025Senate

Bill Text

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