summary
Introduced
01/21/2026
01/21/2026
In Committee
03/12/2026
03/12/2026
Crossed Over
03/10/2026
03/10/2026
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Clarifies the Ninety-Nine Year Leasehold Program to: (1) Require at least sixty per cent of the residential condominium units within urban redevelopment sites to be set aside for owner-occupied residential use for not less than ten years from the date of initial purchase of the unit; (2) Amend eligibility requirements to buy or own a residential condominium unit within an urban redevelopment site to allow an individual to own other real property; (3) Amend the term "owner-occupied residential use" to include the renting or subleasing by the owner of a residential condominium unit to any tenant or sublessee of any kind; and (4) Allow the sale of up to forty per cent of residential condominium units to qualified residents if there are units available after being advertised for sale for more than sixty days. Effective 7/1/2050. (SD2)
AI Summary
This bill, effective July 1, 2050, clarifies rules for the Ninety-Nine Year Leasehold Program concerning residential condominium units within urban redevelopment sites. It mandates that at least sixty percent of these units must be designated for owner-occupied residential use for a minimum of ten years from the purchase date, and it revises the definition of "owner-occupied residential use" to permit owners to rent or sublease their units. The bill also amends eligibility requirements for purchasing these units, allowing individuals to own other real property, and permits up to forty percent of units to be sold to qualified residents if they remain unsold after being advertised for over sixty days.
Committee Categories
Agriculture and Natural Resources, Business and Industry, Housing and Urban Affairs
Sponsors (5)
Stanley Chang (D)*,
Kurt Fevella (R)*,
Michelle Kidani (D)*,
Sharon Moriwaki (D),
Joy San Buenaventura (D),
Last Action
Referred to HSG, CPC, referral sheet 17 (on 03/12/2026)
Official Document
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=2061&year=2026 |
| BillText | https://www.capitol.hawaii.gov/sessions/session2026/bills/SB2061_SD2_.HTM |
| Committee Report SB2061_SD2_SSCR2917_ | https://www.capitol.hawaii.gov/sessions/session2026/CommReports/SB2061_SD2_SSCR2917_.pdf |
| SB2061_SD1_TESTIMONY_CPN_02-26-26_ | https://www.capitol.hawaii.gov/sessions/session2026/Testimony/SB2061_SD1_TESTIMONY_CPN_02-26-26_.PDF |
| BillText | https://www.capitol.hawaii.gov/sessions/session2026/bills/SB2061_SD1_.HTM |
| Committee Report SB2061_SD1_SSCR2597_ | https://www.capitol.hawaii.gov/sessions/session2026/CommReports/SB2061_SD1_SSCR2597_.pdf |
| SB2061_TESTIMONY_HOU-WLA_02-17-26_ | https://www.capitol.hawaii.gov/sessions/session2026/Testimony/SB2061_TESTIMONY_HOU-WLA_02-17-26_.PDF |
| BillText | https://www.capitol.hawaii.gov/sessions/session2026/bills/SB2061_.HTM |
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