HB 2478 Hawaii House · 2026 Regular Session

RELATING TO BONDS.

Summary

Authorizes the counties to implement housing infrastructure growth bonds. Conforms county debt limit statements law to permit counties to exclude housing infrastructure growth bonds from the debt limit of the counties if a constitutional amendment authorizing the use of housing infrastructure growth bonds and excluding housing infrastructure growth bonds from determinations of the counties' funded debt is ratified. Effective 7/1/3000. (HD1)

Issues: ✓ Housing

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2026

Committee Review

Mar 2026

House Passage

Mar 2026

Senate Passage

Governor

Introduced Jan 27, 2026 Last action Mar 10, 2026

Maddy AI version diff · 1 comparison

What changed between versions

HB2478 → HB2478_HD1 · 2 edits

MINOR

This bill was amended to renumber its sections and update the effective date to July 1, 3000. The core policy content remains the same: it authorizes counties to issue housing infrastructure growth bonds and allows them to exclude these bonds from their debt limit calculations if a specific constitutional amendment is ratified.

Scope change

The bill's scope and applicability remain unchanged; only the internal section numbering and the effective date were modified.

TECHNICAL

Section numbers were renumbered sequentially from Section 2 through Section 6 to correct a formatting error in the original draft.

TIMELINE

The effective date of the Act was changed from 'upon approval' to a fixed future date of July 1, 3000.

Floor votes

How they voted

This bill passed the House by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 10, 2026

Committee

Referred to EIG, WAM.

upper

Mar 10, 2026

Introduced

Received from House (Hse. Com. No. 214).

upper

Mar 6, 2026

Lower · Passed

Passed Third Reading with Representative(s) Cochran, Garcia voting aye with reservations; Representative(s) Iwamoto voting no (1) and Representative(s) Perruso, Quinlan, Sayama excused (3). Transmitted to Senate.

lower

Mar 2, 2026

Lower · Passed

The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 15 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Morikawa, Templo, Yamashita, Gedeon, Reyes Oda; Ayes with reservations: Representative(s) Perruso; Noes: none; and 1 Excused: Representative(s) Alcos.

lower

Feb 17, 2026

Committee

Reported from HSG (Stand. Com. Rep. No. 332-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

lower

Feb 6, 2026

Lower · Passed

The committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Evslin, Miyake, Grandinetti, Kila, Kitagawa, Muraoka, Pierick; Ayes with reservations: Representative(s) Cochran; Noes: none; and 1 Excused: Representative(s) La Chica.

lower

Feb 2, 2026

Committee

Referred to HSG, FIN, referral sheet 6

lower

Jan 28, 2026

Introduced

Introduced and Pass First Reading.

lower

Jan 27, 2026

Introduced

Pending introduction.

lower

14 primary · 0 co-sponsors