Informing the Legislature that on June 8, 2026, the Governor signed the following bill into law: SB2061 SD2 HD2 CD1 (ACT 121).

This bill, signed into law by Governor Josh Green on June 8, 2026, updates Hawaii Revised Statutes to regulate residential condominiums within urban redevelopment sites. The primary mechanism restricts these units to owner-occupied residential use, prohibiting them from being rented out or used for any other purpose. To enforce this rule, the bill authorizes the establishment of penalties that can include the forced sale of a unit if it is found to be in violation. Additionally, the legislation modifies how construction contracts are handled, requiring laborers to be paid prevailing wages, and sets specific eligibility requirements for buyers, such as being a qualified resident of the state and not owning other real property.