HB 2583 Hawaii House · 2026 Regular Session

RELATING TO ECONOMIC DEVELOPMENT.

Summary

Establishes the Hawaii Micro-Lending Credit Enhancement Program within the Department of Business, Economic Development, and Tourism to expand micro-lending capacity by providing state‑funded loan loss reserves or other credit enhancement that absorbs first losses on qualified micro-loans made by participating lenders to Hawaii small businesses. Allows borrower fees and state matching contributions to capitalize lender-held loan loss reserve accounts. Establishes the Hawaii Micro-Lending Credit Enhancement Special Fund. Requires annual reports to the Legislature. Appropriates funds out of the Special Fund. (CD1)

Bill status signed all 5 stages cleared

Introduction

Jan 2026

Committee Review

May 2026

House Passage

May 2026

Senate Passage

May 2026

Signed into Law

Jul 2026

Introduced Jan 28, 2026 Signed Jul 7, 2026

Maddy AI version diff · 3 comparisons

What changed between versions

HB2583_HD1 → HB2583_SD1 · 3 edits

MINOR

The bill was updated from House Draft 1 to Senate Draft 1, primarily changing the effective date from July 1, 3000, to July 1, 3050, likely to align with a future fiscal year or a specific legislative cycle. Several formatting and phrasing adjustments were made to clarify that the state fund is used by the department and to standardize the presentation of economic findings, though no substantive policy changes regarding eligibility or funding amounts were introduced.

TIMELINE

The effective date of the Act was changed from July 1, 3000, to July 1, 3050.

TECHNICAL

The description of how the special fund is used was clarified to specify that the department expends the moneys.

Minor text rephrasing was applied to the legislative findings regarding out-of-state lenders to improve flow and clarity.

Floor votes

How they voted

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

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

May 6, 2026

Upper · Passed

Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.

upper

May 6, 2026

Lower · Passed

Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0).

lower

May 1, 2026

Introduced

48 Hrs. Notice (as amended CD 1) 05-06-26

upper

May 1, 2026

Upper · Passed

Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 188-26).

upper

May 1, 2026

Lower · Passed

Reported from Conference Committee (Conf Com. Rep. No. 188-26) as amended in (CD 1).

lower

May 1, 2026

Lower · Passed

The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 4 Ayes: Representative(s) Ilagan, Hussey, Tam, Gedeon; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.

lower

May 1, 2026

Upper · Passed

The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 3 Aye(s): Senator(s) DeCoite, Wakai, Lamosao; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.

upper

May 1, 2026

Upper · Passed

Conference committee meeting to reconvene on 05-01-26 5:40 PM; Conference Room 309.

upper

May 1, 2026

Upper · Passed

Conference committee meeting to reconvene on 05-01-26 5:37 PM; Conference Room 329.

upper

May 1, 2026

Lower · Passed

Conference Committee Meeting will reconvene on Friday, 05-01-26 at 4:31PM in Conference Room 411.

lower

May 1, 2026

Lower · Passed

Conference Committee Meeting will reconvene on Friday, 05-01-26 at 11:30AM in Conference Room 411.

lower

Apr 30, 2026

Lower · Passed

Conference Committee Meeting will reconvene on Friday 05-01-26 8:01AM in conference room 411.

lower

Apr 28, 2026

Lower · Passed

Bill scheduled for Conference Committee Meeting on Thursday, 04-30-26 8:30AM in conference room 411.

lower

Apr 16, 2026

Amended

House disagrees with Senate amendment (s).

lower

Apr 14, 2026

Introduced

Returned from Senate (Sen. Com. No. 706) in amended form (SD 1).

lower

Apr 14, 2026

Upper · Passed

Report adopted; Passed Third Reading. Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.

upper

Apr 7, 2026

Upper · Passed

The committee(s) on CPN recommend(s) that the measure be PASSED, UNAMENDED. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, Lamosao, McKelvey; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa.

upper

Apr 7, 2026

Upper · Passed

The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 11 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Lee, C., Richards.

upper

Apr 2, 2026

Upper · Passed

The committee(s) on WAM/CPN will hold a public decision making on 04-07-26 10:30AM; Conference Room 211 & Videoconference.

upper

Mar 24, 2026

Upper · Passed

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM/CPN.

upper

Mar 24, 2026

Committee

Reported from EDT (Stand. Com. Rep. No. 3145) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM/CPN.

upper

Mar 17, 2026

Upper · Passed

The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EDT were as follows: 3 Aye(s): Senator(s) DeCoite, Wakai, Fukunaga; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Kim, Fevella.

upper

Mar 13, 2026

Upper · Passed

The committee(s) on EDT has scheduled a public hearing on 03-17-26 1:00PM; Conference Room 229 & Videoconference.

upper

Mar 10, 2026

Committee

Referred to EDT, WAM/CPN.

upper

Mar 6, 2026

Introduced

Received from House (Hse. Com. No. 120).

upper

Mar 5, 2026

Lower · Passed

Passed Third Reading with Representative(s) Iwamoto voting aye with reservations; none voting no (0) and Representative(s) Perruso excused (1). 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: 16 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Morikawa, Perruso, Templo, Yamashita, Alcos, Gedeon, Reyes Oda; Ayes with reservations: none; Noes: none; and Excused: none.

lower

Feb 18, 2026

Committee

Reported from ECD (Stand. Com. Rep. No. 424-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

lower

Feb 13, 2026

Lower · Passed

The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Ilagan, Hussey, Holt, Tam, Templo, Yamashita, Gedeon; Ayes with reservations: none; Noes: none; and Excused: none.

lower

Feb 2, 2026

Committee

Referred to ECD, FIN, referral sheet 6

lower

Jan 28, 2026

Introduced

Introduced and Pass First Reading.

lower

10 primary · 0 co-sponsors