HB 432 Hawaii House · 2026 Regular Session

RELATING TO THE RENTAL HOUSING REVOLVING FUND.

Summary

Establishes the Mixed-Income Subaccount within the Rental Housing Revolving Fund to prioritize development of workforce rental and for-sale housing projects for qualified residents. Requires the Hawaii Housing Finance and Development Corporation to adopt administrative rules. Appropriates moneys. Effective 7/1/2050. (SD2)

Bill status passed both 4 of 5 stages cleared

Introduction

Jan 2025

Committee Review

Apr 2025

House Passage

Mar 2025

Senate Passage

Apr 2025

Governor

Introduced Jan 17, 2025 Last action Apr 2, 2026

Maddy AI version diff · 3 comparisons

What changed between versions

HB432_SD1 → HB432_SD2 · 4 edits

MODERATE

This bill revision primarily updates administrative details and formatting rather than changing core policy. It corrects the bill's version number and author information, adjusts fiscal year funding language to cover only 2025-2026 instead of two years, and renumbers the statutory sections. Minor text formatting changes were also applied to improve readability.

Scope change

The scope and applicability of the bill remain unchanged; no new programs, eligibility criteria, or substantive policy requirements were added or removed.

TECHNICAL

Updated bill metadata including the version number (SD1 to SD2), author names, and internal tracking numbers.

Renumbered the statutory sections, shifting the effective date provision from Section 9 to Section 8 and removing the repealed sections.

Adjusted the summary description to reflect the change from 'Appropriates funds' to 'Appropriates moneys' and updated the effective date format.

FISCAL

Revised the appropriation language to specify funds are for fiscal year 2025-2026 only, removing the reference to fiscal year 2026-2027.

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

Apr 25, 2025

Upper · Passed

Conference committee meeting to reconvene on 04-25-25 4:30 PM; Conference Room 225.

upper

Apr 25, 2025

Upper · Passed

Conference committee meeting to reconvene on 04-25-25 3:30 PM; Conference Room 016.

upper

Apr 24, 2025

Upper · Passed

Conference committee meeting to reconvene on 04-25-25 10:30AM; Conference Room 224.

upper

Apr 23, 2025

Upper · Passed

Conference committee meeting to reconvene on 04-24-25 10:30AM; Conference Room 224.

upper

Apr 22, 2025

Upper · Passed

Conference committee meeting to reconvene on 04-23-25 10:30AM; Conference Room 224.

upper

Apr 21, 2025

Lower · Passed

Conference Committee Meeting will reconvene on Tuesday 04-22-25 10:30AM in conference room 224.

lower

Apr 17, 2025

Upper · Passed

Conference committee meeting scheduled for 04-21-25 10:30AM; Conference Room 224.

upper

Apr 4, 2025

Amended

House disagrees with Senate amendment (s).

lower

Apr 3, 2025

Introduced

Returned from Senate (Sen. Com. No. 543) in amended form (SD 2).

lower

Apr 3, 2025

Upper · Passed

Report Adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none. Noes, 0 (none). Excused, 0 (none). Transmitted to House.

upper

Mar 28, 2025

Upper · Passed

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

upper

Mar 25, 2025

Upper · Passed

The committee(s) on WAM will hold a public decision making on 03-28-25 10:02AM; Conference Room 211 & Videoconference.

upper

Mar 20, 2025

Upper · Passed

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

upper

Mar 20, 2025

Committee

Reported from HOU (Stand. Com. Rep. No. 1178) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

upper

Mar 11, 2025

Upper · Passed

The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 3 Aye(s): Senator(s) Chang, Hashimoto, Kanuha; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Aquino, Fevella.

upper

Mar 7, 2025

Upper · Passed

The committee(s) on HOU has scheduled a public hearing on 03-11-25 1:10PM; Conference Room 225 & Videoconference.

upper

Mar 6, 2025

Committee

Referred to HOU, WAM.

upper

Mar 6, 2025

Introduced

Received from House (Hse. Com. No. 237).

upper

Mar 4, 2025

Lower · Passed

Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Pierick, Ward excused (2). Transmitted to Senate.

lower

Feb 25, 2025

Lower · Passed

The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 14 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Holt, Hussey, Keohokapu-Lee Loy, Kusch, Lamosao, Lee, M., Miyake, Morikawa, Templo, Alcos, Reyes Oda; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Kitagawa, Ward.

lower

Feb 12, 2025

Committee

Reported from HSG (Stand. Com. Rep. No. 490) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

lower

Feb 7, 2025

Lower · Passed

The committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 6 Ayes: Representative(s) Evslin, Miyake, Grandinetti, Kitagawa, La Chica, Muraoka; Ayes with reservations: none; 1 Noes: Representative(s) Pierick; and 2 Excused: Representative(s) Cochran, Kila.

lower

Jan 21, 2025

Committee

Referred to HSG, FIN, referral sheet 2

lower

Jan 21, 2025

Introduced

Introduced and Pass First Reading.

lower

Jan 17, 2025

Introduced

Pending introduction.

lower

42 primary · 0 co-sponsors