HB 525 Hawaii House · 2026 Regular Session

RELATING TO HOUSING.

Summary

Clarifies that dwelling units eligible under the Rent-to-Own Program shall be units that are for sale in fee simple or leasehold on state or county land under a lease with an initial term of no less than ninety-nine years. Increases the time the sale price under the program must remain fixed from five years to ten years. Effective 7/1/3000. (HD1)

Issues: ✓ Housing

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2025

Committee Review

Floor Vote

Governor

Introduced Jan 17, 2025 Last action Dec 8, 2025

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What changed between versions

HB525 → HB525_HD1 · 3 edits

MINOR

This bill clarifies the eligibility criteria for the Rent-to-Own Program by specifying that units must be sold in fee simple or as leaseholds with terms of no less than 99 years. It also extends the period during which the sales price remains fixed from five years to ten years after the rental agreement is signed. Finally, the effective date of the Act is set to July 1, 3000, rather than upon approval.

Scope change

The bill's scope is refined to explicitly define the types of property eligible for the program and the duration of the price-fixing period.

ELIGIBILITY

Clarified that eligible dwelling units must be sold in fee simple or as leaseholds with an initial term of no less than 99 years.

REQUIREMENT

Increased the required duration for the sales price to remain fixed from five years to ten years after the rental agreement is executed.

TIMELINE

Changed the effective date of the Act from 'upon approval' to a specific future date of July 1, 3000.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 13, 2025

Committee

Reported from HSG (Stand. Com. Rep. No. 583) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

lower

Feb 12, 2025

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, La Chica, Muraoka, Pierick; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Cochran.

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

3 primary · 0 co-sponsors