SB 76 Hawaii Senate · 2025 Regular Session

RELATING TO HOUSING.

Summary

Clarifies that the dwelling units eligible for the Rent-to-Own Program shall be units that are for sale in fee simple or leasehold on state or county land under a lease with an initial term of not less than ninety-nine years. Increases the time period that the sales price of dwelling units under the Rent-to-Own Program shall remain fixed from five years to ten years after the rental agreement is executed. Effective 7/1/2050. (SD1)

Issues: ✓ Housing

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2025

Committee Review

Floor Vote

Governor

Introduced Jan 8, 2025 Last action Feb 7, 2025

Maddy AI version diff · 1 comparison

What changed between versions

SB76 → SB76_SD1 · 4 edits

MODERATE

This bill updates Hawaii's rent-to-own housing program by clarifying which properties qualify and extending the fixed sales price period from five to ten years. The changes ensure greater stability for buyers and clarify eligibility for both fee simple and long-term leasehold properties.

Scope change

The bill's scope remains focused on rent-to-own housing programs, but eligibility criteria are clarified and the fixed pricing period is extended.

TIMELINE

Extended the period during which the sales price must remain fixed from five years to ten years after the rental agreement is executed.

Changed the effective date of the Act from upon approval to July 1, 2050.

ELIGIBILITY

Clarified that eligible dwelling units must be for sale in fee simple or as leasehold on state or county land with a lease term of at least ninety-nine years.

TECHNICAL

Updated bill number from SB 74 to SB 76 and changed document version from SD1 to SD1 SMA.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 7, 2025

Committee

Reported from HOU/CPN (Stand. Com. Rep. No. 93) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM/JDC.

upper

Jan 29, 2025

Upper · Passed

The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 3 Aye(s): Senator(s) Keohokalole, Fukunaga, McKelvey; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Richards, Awa.

upper

Jan 29, 2025

Upper · Passed

The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 4 Aye(s): Senator(s) Chang, Hashimoto, Aquino, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Kanuha.

upper

Jan 24, 2025

Upper · Passed

The committee(s) on HOU/CPN has scheduled a public hearing on 01-29-25 9:40AM; Conference Room 229 & Videoconference.

upper

Jan 16, 2025

Committee

Referred to HOU/CPN, WAM/JDC.

upper

Jan 15, 2025

Introduced

Introduced and passed First Reading.

upper

Jan 8, 2025

Introduced

Pending Introduction.

upper

3 primary · 1 co-sponsor