SB 2617 Hawaii Senate · 2024 Regular Session

RELATING TO REAL PROPERTY.

Summary

Requires the Legislative Reference Bureau to conduct a study and report on the forty-one states in the country that have enacted laws limiting the sale of real property to foreign individuals or entities, and how those laws and related constitutional precedents could inform demand-side regulations for the real estate market in Hawaiʻi in favor of resident ownership, specifically owner-occupied resident ownership. Makes an appropriation. Declares that the general fund expenditure ceiling is exceeded. Takes effect 7/1/2040. (SD1)

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2024

Committee Review

Mar 2024

Senate Passage

Mar 2024

House Passage

Governor

Introduced Jan 19, 2024 Last action Mar 7, 2024

Floor votes · Senate Mar 5, 2024

How they voted

25–0

Passed

Total votes 25

Mar 5, 2024

D Democratic23

23 Yea

100% Yea

R Republican2

2 Yea

100% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 7, 2024

Committee

Referred to WAL/CPC, FIN, referral sheet 16

lower

Mar 5, 2024

Introduced

Received from Senate (Sen. Com. No. 161) in amended form (SD 1).

lower

Mar 5, 2024

Upper · Passed

Report adopted; Passed Third Reading. Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.

upper

Mar 1, 2024

Upper · Passed

The committee(s) on JDC recommend(s) that the measure be PASSED, UNAMENDED. The votes in JDC were as follows: 5 Aye(s): Senator(s) Rhoads, Gabbard, Elefante, San Buenaventura, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Mar 1, 2024

Upper · Passed

The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 11 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, DeCoite, Hashimoto, Inouye, Kidani, Kim, Lee, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Kanuha, Shimabukuro.

upper

Feb 29, 2024

Upper · Passed

The committee(s) on WAM/JDC will hold a public decision making on 03-01-24 10:31AM; CR 211 & Videoconference.

upper

Feb 16, 2024

Committee

Reported from CPN/TCA (Stand. Com. Rep. No. 2639) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM/JDC.

upper

Feb 13, 2024

Upper · Passed

The committee(s) on TCA recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in TCA were as follows: 4 Aye(s): Senator(s) Lee, Inouye, Elefante, Kanuha; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa.

upper

Feb 9, 2024

Upper · Passed

The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, McKelvey, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Richards.

upper

Feb 2, 2024

Upper · Passed

The committee(s) on CPN/TCA has scheduled a public hearing on 02-06-24 3:00PM; Conference Room 224 & Videoconference.

upper

Jan 24, 2024

Committee

Referred to CPN/TCA, WAM/JDC.

upper

Jan 19, 2024

Introduced

Introduced.

upper

3 primary · 0 co-sponsors