summary
Introduced
01/28/2026
01/28/2026
In Committee
02/20/2026
02/20/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Clarifies that a mortgage does not exist independent of the debt it secures and shall not be independently enforceable from the debt. Effective 7/1/3000. (HD1)
AI Summary
This bill clarifies that a mortgage, which is a legal agreement where property is used as security for a loan or other obligation, is not a separate entity from the debt it is meant to secure. This means a mortgage cannot be enforced on its own if the underlying debt is not valid or is paid off, and it emphasizes that the mortgage's existence and enforceability are entirely dependent on the debt it guarantees. The bill also makes a minor technical change to the wording regarding when a subsequently recorded mortgage is considered inferior to one securing future advances, changing "prior to" to "before" in that context, and it is set to take effect on July 1, 3000.
Committee Categories
Business and Industry, Justice
Sponsors (7)
Della Belatti (D)*,
Tina Grandinetti (D)*,
Kim Iwamoto (D)*,
Matthias Kusch (D)*,
Amy Perruso (D)*,
Mahina Poepoe (D)*,
Garner Shimizu (R)*,
Last Action
Passed Second Reading as amended in HD 1 and referred to the committee(s) on JHA 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=2612&year=2026 |
| BillText | https://www.capitol.hawaii.gov/sessions/session2026/bills/HB2612_HD1_.HTM |
| Committee Report HB2612_HD1_HSCR757-26_ | https://www.capitol.hawaii.gov/sessions/session2026/CommReports/HB2612_HD1_HSCR757-26_.pdf |
| HB2612_TESTIMONY_CPC_02-18-26_ | https://www.capitol.hawaii.gov/sessions/session2026/Testimony/HB2612_TESTIMONY_CPC_02-18-26_.PDF |
| BillText | https://www.capitol.hawaii.gov/sessions/session2026/bills/HB2612_.HTM |
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