SB 2595 Hawaii Senate · 2026 Regular Session

RELATING TO THE AGRIBUSINESS DEVELOPMENT CORPORATION.

Summary

Requires payments to the Agribusiness Development Corporation for letting, licensing, or renting of its properties to be at appraised market value rates or higher, except where the lessees, licensees, and tenants grow, raise, and harvest fresh local agricultural products for the Department of Education or are partner members of the Food and Product Innovation Network. Effective 7/1/3000. (HD1)

Bill status passed both 4 of 5 stages cleared

Introduction

Jan 2026

Committee Review

May 2026

Senate Passage

Mar 2026

House Passage

Apr 2026

Governor

Introduced Jan 23, 2026 Last action May 1, 2026

Maddy AI version diff · 2 comparisons

What changed between versions

SB2595_HD1 → SB2595_SD1 · 3 edits

MINOR

The bill was revised from a House version (HD1) to a Senate version (SD1), primarily changing the bill number and authorship details. The core policy regarding lease payments for the Agribusiness Development Corporation was modified to clarify that the 'appraised market value rate' is now simply the 'market rate.' Additionally, the effective date of the law was moved from the distant future of July 1, 3000, to July 1, 2050.

Scope change

The bill's scope regarding lease payment requirements and exemptions for agricultural partners remains substantively the same, though the terminology for the payment rate was simplified and the effective date was updated.

TIMELINE

The effective date of the Act was changed from July 1, 3000, to July 1, 2050.

REQUIREMENT

The requirement for lease payments to be at 'appraised market value rates' was updated to 'market rates,' and the specific conditions for exemptions (fresh local agricultural products or food network partners) were retained but slightly rephrased for clarity.

TECHNICAL

Header information was updated to reflect the Senate version (SD1) with new author names and revised document metadata.

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 1, 2026

Upper · Passed

Conference committee meeting to reconvene on 05-01-26 4:45 PM; Conference Room 411.

upper

May 1, 2026

Upper · Passed

Conference committee meeting to reconvene on 05-01-26 11:45 AM; Conference Room 411.

upper

Apr 30, 2026

Upper · Passed

Conference committee meeting to reconvene on 05-01-26 9:45AM; CR 411.

upper

Apr 29, 2026

Upper · Passed

Conference committee meeting to reconvene on 04-30-26 9:45AM; CR 325.

upper

Apr 28, 2026

Upper · Passed

Conference committee meeting to reconvene on 04-29-26 9:00AM; Conference Room 411.

upper

Apr 27, 2026

Upper · Passed

Conference committee meeting to reconvene on 04-28-26 11:15AM; Conference Room 325.

upper

Apr 24, 2026

Upper · Passed

Conference committee meeting scheduled for 04-27-26 9:30AM; Conference Room 325.

upper

Apr 16, 2026

Amended

Senate disagrees with House amendments.

upper

Apr 16, 2026

Introduced

Received from House (Hse. Com. No. 676).

upper

Apr 14, 2026

Lower · Passed

Passed Third Reading with none voting aye with reservations; Representative(s) Amato voting no (1) and none excused (0). 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: 15 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Perruso, Templo, Yamashita, Gedeon, Reyes Oda; Ayes with reservations: Representative(s) Alcos; Noes: none; and 1 Excused: Representative(s) Morikawa.

lower

Mar 25, 2026

Committee

Reported from AGR (Stand. Com. Rep. No. 1398-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

lower

Mar 20, 2026

Lower · Passed

The committee on AGR recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 6 Ayes: Representative(s) Chun, Kusch, Kahaloa, Lowen, Perruso, Matsumoto; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Quinlan.

lower

Mar 10, 2026

Committee

Referred to AGR, FIN, referral sheet 16

lower

Mar 6, 2026

Introduced

Received from Senate (Sen. Com. No. 68) in amended form (SD 1).

lower

Mar 6, 2026

Upper · Passed

Report Adopted; Passed Third Reading. Ayes, 24; Aye(s) with reservations: none. Noes, 0 (none). Excused, 1 (Senator(s) Ihara). Transmitted to House.

upper

Mar 2, 2026

Upper · Passed

The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Richards, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Feb 23, 2026

Upper · Passed

The committee(s) on WAM will hold a public decision making on 02-25-26 10:55AM; 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 EDT/AEN (Stand. Com. Rep. No. 2435) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

upper

Feb 13, 2026

Upper · Passed

The committee(s) on AEN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in AEN were as follows: 5 Aye(s): Senator(s) Gabbard, Richards, DeCoite, Rhoads, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Feb 13, 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, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Fukunaga, Kim.

upper

Feb 9, 2026

Upper · Passed

The committee(s) on EDT/AEN has rescheduled its public hearing to 02-13-26 3:01PM; Conference Room 224 & Videoconference.

upper

Feb 8, 2026

Upper · Passed

The committee(s) on EDT/AEN deleted the measure from the public hearing scheduled on 02-09-26 3:05PM; CR 224 & Videoconference.

upper

Feb 6, 2026

Upper · Passed

The committee(s) on EDT/AEN has scheduled a public hearing on 02-09-26 3:05PM; Conference Room 224 & Videoconference.

upper

Jan 28, 2026

Committee

Referred to EDT/AEN, WAM.

upper

Jan 23, 2026

Introduced

Introduced.

upper

3 primary · 1 co-sponsor