SB 2552 Hawaii Senate · 2026 Regular Session

RELATING TO THE INDIVIDUAL HOUSING ACCOUNT PROGRAM.

Summary

For taxable years beginning 1/1/2027: (1) increases the maximum annual and total allowable deduction for contributions to individual housing accounts for income tax deductions; and (2) increases the maximum allowable contributions for individual housing accounts to qualify for the income tax deductions. Repeals outdated language applicable to first‑time home purchases made before 1/1/1990, by persons with an individual housing account. (CD1)

Bill status signed all 5 stages cleared

Introduction

Jan 2026

Committee Review

May 2026

Senate Passage

May 2026

House Passage

May 2026

Signed into Law

Jul 2026

Introduced Jan 23, 2026 Signed Jul 9, 2026

Maddy AI version diff · 3 comparisons

What changed between versions

SB2552_HD1 → SB2552_SD1 · 4 edits

MODERATE

This bill increases the maximum tax deduction limits for contributions to individual housing accounts, raising the annual limit from $5,000 to $17,200 and the lifetime limit from $25,000 to $86,000. It also updates the effective date of the law from July 1, 3000, to July 1, 2050, and streamlines the description of the bill's purpose by removing references to repealed historical provisions.

Scope change

The bill's scope regarding the specific dollar limits for deductions and contributions has expanded significantly, while the scope of repealed historical clauses has been removed.

FISCAL

Increased the maximum annual tax deduction for individual housing account contributions from $5,000 to $17,200.

Increased the maximum lifetime tax deduction for individual housing account contributions from $25,000 to $86,000.

TIMELINE

Changed the effective date of the legislation from July 1, 3000, to July 1, 2050.

TECHNICAL

Updated the bill description to remove references to outdated provisions regarding first-time home purchases made before 1990.

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

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 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 1, 2026

Lower · Passed

Reported from Conference Committee (Conf Com. Rep. No. 111-26) as amended in (CD 1).

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. 111-26).

upper

Apr 30, 2026

Lower · Passed

The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 3 Ayes: Representative(s) Evslin, Miyake, Matsumoto; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.

lower

Apr 30, 2026

Upper · Passed

The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 2 Aye(s): Senator(s) Chang, Hashimoto; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.

upper

Apr 29, 2026

Lower · Passed

Conference Committee Meeting will reconvene on Thursday 04-30-26 10:00AM in conference room 224.

lower

Apr 28, 2026

Lower · Passed

Conference Committee Meeting will reconvene on Wednesday 04-29-26 10:00AM in conference room 224.

lower

Apr 27, 2026

Lower · Passed

Conference Committee Meeting will reconvene on Tuesday 04-28-26 10:05AM in conference room 224.

lower

Apr 24, 2026

Lower · Passed

Conference Committee Meeting will reconvene on Monday 04-27-26 10:05AM in conference room 224.

lower

Apr 23, 2026

Lower · Passed

Bill scheduled for Conference Committee Meeting on Friday, 04-24-26 10:05AM in conference room 224.

lower

Apr 10, 2026

Amended

Senate disagrees with House amendments.

upper

Apr 10, 2026

Introduced

Received from House (Hse. Com. No. 513).

upper

Apr 9, 2026

Lower · Passed

Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran excused (1). Transmitted to Senate.

lower

Apr 7, 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, Gedeon, Reyes Oda; Ayes with reservations: Representative(s) Alcos; 0 Noes: none; and 0 Excused: none.

lower

Mar 24, 2026

Committee

Reported from HSG (Stand. Com. Rep. No. 1386-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

lower

Mar 20, 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, Kitagawa, La Chica, Cochran, Muraoka, Pierick; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Kila.

lower

Mar 12, 2026

Committee

Referred to HSG, FIN, referral sheet 17

lower

Mar 10, 2026

Introduced

Received from Senate (Sen. Com. No. 259) in amended form (SD 1).

lower

Mar 10, 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

Mar 3, 2026

Upper · Passed

The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Richards, Wakai; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.

upper

Feb 27, 2026

Upper · Passed

The committee(s) on WAM will hold a public decision making on 03-03-26 10:17AM; Conference Room 211 & Videoconference.

upper

Feb 19, 2026

Upper · Passed

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

upper

Feb 19, 2026

Committee

Reported from HOU (Stand. Com. Rep. No. 2402) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

upper

Feb 10, 2026

Upper · Passed

The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 5 Aye(s): Senator(s) Chang, Hashimoto, Elefante, Rhoads, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Feb 2, 2026

Upper · Passed

The committee(s) on HOU has scheduled a public hearing on 02-05-26 1:01PM; Conference Room 225 & Videoconference.

upper

Jan 28, 2026

Committee

Referred to HOU, WAM.

upper

Jan 23, 2026

Introduced

Introduced.

upper

4 primary · 1 co-sponsor