summary
Introduced
01/21/2026
01/21/2026
In Committee
02/20/2026
02/20/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Authorizes the issuance of reimbursable general obligation bonds in four tranches to provide the necessary funds for the Condominium Loan Program. Appropriates funds from the Hurricane Reserve Trust Fund to provide initial coverage of the bond payments. Effective 7/1/3000. (HD1)
AI Summary
This bill authorizes the director of finance to issue "reimbursable general obligation bonds," which are loans taken out by the state that are intended to be repaid by specific revenue sources, in four installments to provide additional funding for the condominium loan program, a program established to offer low-cost financing for maintenance and repair projects to qualified condominium associations. The bill also appropriates funds from the "Hurricane Reserve Trust Fund," a fund set aside for disaster-related expenses, to cover the initial payments on these bonds, ensuring the program has the necessary capital to meet demand.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (14)
Cory Chun (D)*,
Tina Grandinetti (D)*,
Greggor Ilagan (D)*,
Darius Kila (D)*,
Lisa Kitagawa (D)*,
Matthias Kusch (D)*,
Michael Lee (D)*,
Lisa Marten (D)*,
Scot Matayoshi (D)*,
Dee Morikawa (D)*,
Ikaika Olds (D)*,
Adrian Tam (D)*,
David Tarnas (D)*,
Shirley Ann Templo (D)*,
Last Action
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Quinlan excused (1). (on 02/20/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=1513&year=2026 |
| BillText | https://www.capitol.hawaii.gov/sessions/session2026/bills/HB1513_HD1_.HTM |
| Committee Report HB1513_HD1_HSCR756-26_ | https://www.capitol.hawaii.gov/sessions/session2026/CommReports/HB1513_HD1_HSCR756-26_.pdf |
| HB1513_TESTIMONY_CPC_02-10-26_ | https://www.capitol.hawaii.gov/sessions/session2026/Testimony/HB1513_TESTIMONY_CPC_02-10-26_.PDF |
| BillText | https://www.capitol.hawaii.gov/sessions/session2026/bills/HB1513_.HTM |
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