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Bill > HB1089


HI HB1089

HI HB1089
Relating To The Hawaiian Homes Commission Act.


summary

Introduced
01/23/2025
In Committee
01/23/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

Confirms that Act 130, Session Laws of Hawaii 2024, shall take effect on either the date of the Secretary of the Interior's notification letter to the Congressional Committee Chairpersons that this Act meets none of the criteria in title 43 Code of Federal Regulations section 48.20, or on the date that the United States Congress approval becomes law.

AI Summary

This bill relates to the Hawaiian Homes Commission Act and confirms the effective date of Act 130, which increases the loan limit for direct loans provided by the Department of Hawaiian Home Lands from 50% to 75% of the maximum single residence loan amount allowed by the Federal Housing Administration (FHA). The bill specifies that Act 130 will take effect either on the date the Secretary of the Interior notifies Congressional Committee Chairpersons that the Act does not meet the criteria in title 43 Code of Federal Regulations section 48.20, or on the date that the United States Congress approves the Act. The legislation ensures that the amendments to section 215 of the Hawaiian Homes Commission Act will remain in effect even when other related acts take effect, providing clarity and continuity for loan provisions affecting Native Hawaiians and their home ownership opportunities. The bill's primary purpose is to establish a clear and legally sound mechanism for implementing the increased loan limit, subject to federal review and potential approval.

Committee Categories

Justice

Sponsors (1)

Last Action

Carried over to 2026 Regular Session. (on 12/08/2025)

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