summary
Introduced
01/21/2026
01/21/2026
In Committee
02/13/2026
02/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Requires applicants for rental housing revolving fund moneys to be either organizations that are required to use all financial surplus, excluding fees, to develop additional housing in the State, or government agencies. Effective 7/1/2050.
AI Summary
This bill, effective July 1, 2050, amends existing law to specify who can receive funds from the rental housing revolving fund, which is a pool of money used to support the development of rental housing. Under the proposed changes, only government agencies or organizations that are legally obligated to reinvest all their financial surplus, except for fees, back into developing more housing within the state will be eligible to apply for these funds. This measure aims to ensure that any profits generated from taxpayer-supported housing projects are directly used to create additional housing opportunities.
Committee Categories
Budget and Finance, Housing and Urban Affairs
Sponsors (5)
Stanley Chang (D)*,
Kurt Fevella (R)*,
Angus McKelvey (D)*,
Karl Rhoads (D)*,
Joy San Buenaventura (D),
Last Action
Report adopted; Passed Second Reading and referred to WAM. (on 02/13/2026)
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=SB&billnumber=2194&year=2026 |
| Committee Report SB2194_SSCR2267_ | https://www.capitol.hawaii.gov/sessions/session2026/CommReports/SB2194_SSCR2267_.pdf |
| SB2194_TESTIMONY_HOU_02-03-26_ | https://www.capitol.hawaii.gov/sessions/session2026/Testimony/SB2194_TESTIMONY_HOU_02-03-26_.PDF |
| BillText | https://www.capitol.hawaii.gov/sessions/session2026/bills/SB2194_.HTM |
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