summary
Introduced
01/28/2026
01/28/2026
In Committee
02/17/2026
02/17/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Authorizes the Department of Agriculture and Biosecurity to package and sell a portion of its agricultural loan portfolio to permitted third parties. Appropriates funds out of the Agricultural Loans Revolving Fund to increase its expenditure ceiling. Effective 7/1/3000. (HD1)
AI Summary
This bill authorizes the Department of Agriculture and Biosecurity to package and sell a portion of its agricultural loan portfolio, meaning it can bundle existing loans and sell them to approved third parties, with the proceeds going back into the agricultural loan revolving fund to provide more funding for farmers, and it also increases the expenditure ceiling for this fund by appropriating $10,000,000 for fiscal year 2026-2027, all to address the high demand for agricultural loans following recent program modifications, and this bill will take effect on July 1, 3000.
Committee Categories
Agriculture and Natural Resources, Budget and Finance
Sponsors (6)
Cory Chun (D)*,
Kirstin Kahaloa (D)*,
Matthias Kusch (D)*,
Nicole Lowen (D)*,
Nadine Nakamura (D)*,
Sean Quinlan (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) Cochran, Lee, M., Poepoe excused (3). (on 02/17/2026)
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=2216&year=2026 |
| BillText | https://www.capitol.hawaii.gov/sessions/session2026/bills/HB2216_HD1_.HTM |
| Committee Report HB2216_HD1_HSCR325-26_ | https://www.capitol.hawaii.gov/sessions/session2026/CommReports/HB2216_HD1_HSCR325-26_.pdf |
| HB2216_TESTIMONY_AGR_02-11-26_ | https://www.capitol.hawaii.gov/sessions/session2026/Testimony/HB2216_TESTIMONY_AGR_02-11-26_.PDF |
| BillText | https://www.capitol.hawaii.gov/sessions/session2026/bills/HB2216_.HTM |
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