Bill > SB2539

This bill establishes a statewide rent stabilization policy in Hawaii by amending chapter 521 of the Hawaii Revised Statutes, which governs landlord-tenant relations. The key provision limits annual rent increases to a maximum of three percent and prohibits any rent increases during the first twelve months of a tenancy. This measure aims to address the state's severe housing shortage and rapidly rising rents that outpace wage growth, which contributes to displacement and homelessness, particularly affecting low-income households, Native Hawaiians, and essential workers. While the bill provides exemptions for certain situations, such as the initial rental rate of a new tenancy, units with existing rent restrictions that are more protective of tenants, and owner-occupied properties renting out a limited number of units or bedrooms, landlords claiming these exemptions must provide written notice and supporting documentation to both the tenant and the department of commerce and consumer affairs. Failure to comply with these notice requirements will void the exemption, and landlords who knowingly demand or retain excess rent or falsely claim an exemption will be subject to penalties for unfair or deceptive practices. The bill also mandates that any rent increase notice must be in writing and clearly state the existing rent, proposed rent, percentage increase, and effective date, and it will take effect on July 1, 2026.

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https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=2539&year=2026