HB 1351 Hawaii House · 2025 Regular Session

RELATING TO THE HAWAIIAN HOMES COMMISSION ACT, 1920, AS AMENDED.

Summary

Increases the limit of the State's liability for moneys borrowed by the Department of Hawaiian Home Lands or loans made to lessees that are guaranteed by the Department from $100,000,000 to $500,000,000. Effective 7/1/3000. (HD1)

Bill status in committee 3 of 5 stages cleared

Introduction

Jan 2025

Committee Review

Feb 2025

House Passage

Feb 2025

Senate Passage

Governor

Introduced Jan 23, 2025 Last action Feb 10, 2025

Maddy AI version diff · 1 comparison

What changed between versions

HB1351 → HB1351_HD1 · 4 edits

MODERATE

This bill increases the State of Hawaii's financial liability limit for the Department of Hawaiian Home Lands from $100 million to $500 million. This change allows the department to guarantee more loans for lessees who want to buy homes, addressing rising mortgage rates and construction costs. The amendment also updates the legal text to include additional lender functions and clarifies how the department can pledge loan receivables as collateral.

Scope change

The bill expands the department's financial guarantee capacity, allowing it to support more home loans for lessees and cooperative associations.

FISCAL

Increased the State's liability limit for department loans and guarantees from $100 million to $500 million.

REQUIREMENT

Updated Section 214(b) of the Hawaiian Homes Commission Act to add new lender functions, including pledging receivables as collateral and transferring unpledged funds to the trust fund.

TECHNICAL

Added a severability clause to ensure the bill remains effective even if parts require federal approval.

TIMELINE

Set an effective date of July 1, 3000, with a provision for earlier effect if federal approval is obtained.

Floor votes · House Feb 10, 2025

How they voted

47–0

Passed · 4 other

Total votes 51

Feb 10, 2025

D Democratic41

39 Yea 2

95% Yea

R Republican10

8 Yea 2

80% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 10, 2025

Committee

Reported from JHA (Stand. Com. Rep. No. 282) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

lower

Feb 10, 2025

House · Passed

House Vote: pass (47-0-4)

house

Jan 31, 2025

Lower · Passed

The committee on JHA recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Tarnas, Poepoe, Belatti, Hashem, Kahaloa, Perruso, Takayama, Garcia, Shimizu; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Cochran, Todd.

lower

Jan 27, 2025

Committee

Referred to JHA, FIN, referral sheet 4

lower

Jan 23, 2025

Introduced

Introduced and Pass First Reading.

lower

1 primary · 0 co-sponsors