HB 1053 Hawaii House · 2025 Regular Session

RELATING TO CONDOMINIUM ASSOCIATION'S OPERATING BUDGET.

Summary

Permits condominium associations to borrow from or reallocate their reserve funds; provided that the loan is repaid within one year. Effective 7/1/3000. (HD1)

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2025

Committee Review

Floor Vote

Governor

Introduced Jan 21, 2025 Last action Feb 11, 2025

Maddy AI version diff · 1 comparison

What changed between versions

HB1053 → HB1053_HD1 · 3 edits

MINOR

This bill was reformatted from a draft version to a House of Representatives version, adding official metadata headers and changing the effective date from July 1, 3000 to July 1, 2025. The core policy content regarding condominium reserve fund borrowing remains substantively unchanged.

Scope change

No substantive change to the bill's scope or applicability; only formatting and metadata updates.

TIMELINE

The effective date was changed from July 1, 3000 to July 1, 2025, making the law immediately applicable for the current legislative session.

TECHNICAL

Added official House of Representatives metadata including bill number, session year, and document tracking information.

Removed draft formatting artifacts and placeholder text that were present in the original version.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 11, 2025

Committee

Reported from CPC (Stand. Com. Rep. No. 419) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

lower

Feb 4, 2025

Lower · Passed

The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Matayoshi, Chun, Ilagan, Ichiyama, Marten, Pierick; Ayes with reservations: Representative(s) Iwamoto, Tam; Noes: none; and 2 Excused: Representative(s) Kong, Lowen.

lower

Jan 23, 2025

Committee

Referred to CPC, FIN, referral sheet 3

lower

Jan 23, 2025

Introduced

Introduced and Pass First Reading.

lower

Jan 21, 2025

Introduced

Pending introduction.

lower

1 primary · 0 co-sponsors