Informing the Legislature that on May 22, 2026, the Governor signed the following bill into law: SB3218 SD2 HD2 CD1 (ACT 031).

This bill informs the Hawaii Legislature that Governor Josh Green signed SB3218 into law on May 22, 2026. The legislation establishes a new funding mechanism known as "resilient infrastructure for shelter and equity bonds" to support public works projects. It defines specific areas, such as zones near transit hubs, where these bonds can be issued and outlines how property tax assessments will be adjusted to cover project costs. The law amends existing statutes to clarify terms related to financing, assessment bases, and project expenditures for these designated districts.