Bill Commons

HI SB 2060

enacted

RELATING TO THE RENTAL HOUSING REVOLVING FUND.

Hawaii · 2026 Regular Session · upper

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Quick answers

Did HI SB 2060 pass?

Yes. HI SB 2060 has been enacted into law. Latest recorded action (2026-07-09): Act 212, 07/08/2026 (Gov. Msg. No. 1314).

What is HI SB 2060 about?

Authorizes the Rental Housing Revolving Fund to be used to provide any and all forms of financing for the development, pre‑development, construction, acquisition, preservation, and substantial rehabilitation of rental housing units. Requires the Hawaii Housing Finance and Development Corporation to give preference to certain projects with perpetual affordability commitments, that are revenue neutral, and to applicants with a demonstrated history of early repayment to the RHRF. Authorizes HHFDC to use moneys in the RHRF that have been reserved or awarded by HHFDC for specific projects but have not yet been encumbered to fund other rental housing projects subject to certain conditions. Authorizes HHFDC to secure a line of credit or other instrument of indebtedness to provide liquidity for the RHRF under certain conditions. Repeals 6/30/2030. (CD1)

Who sponsors HI SB 2060?

CHANG is the primary sponsor of HI SB 2060, joined by 4 cosponsors.

Description

Authorizes the Rental Housing Revolving Fund to be used to provide any and all forms of financing for the development, pre‑development, construction, acquisition, preservation, and substantial rehabilitation of rental housing units. Requires the Hawaii Housing Finance and Development Corporation to give preference to certain projects with perpetual affordability commitments, that are revenue neutral, and to applicants with a demonstrated history of early repayment to the RHRF. Authorizes HHFDC to use moneys in the RHRF that have been reserved or awarded by HHFDC for specific projects but have not yet been encumbered to fund other rental housing projects subject to certain conditions. Authorizes HHFDC to secure a line of credit or other instrument of indebtedness to provide liquidity for the RHRF under certain conditions. Repeals 6/30/2030. (CD1)

Introduced
2026-01-21
Latest action
2026-07-09 — Act 212, 07/08/2026 (Gov. Msg. No. 1314).
Bill type
bill
Last updated
—

Subjects

Sponsors

  • CHANGprimary
  • Gabbardcosponsor
  • Richardscosponsor
  • San Buenaventuracosponsor
  • Wakaicosponsor

Committees

Not provided by source.

Action timeline

Newest first

  1. 2026-07-09

    Act 212, 07/08/2026 (Gov. Msg. No. 1314).

    became-law

  2. 2026-07-09

    Act 212, on 07/08/2026 (Gov. Msg. No. 1314).

    became-law

  3. 2026-05-08

    Received notice of passage on Final Reading in House (Hse. Com. No. 888).

    receipt

  4. 2026-05-08

    Enrolled to Governor.

    executive-receipt

  5. 2026-05-06

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

    passage

  6. 2026-05-06

    Passed Final Reading as amended in CD 1 with none voting aye with reservations; Representative(s) Cochran, Pierick voting no (2) and none excused (0).

    passage

  7. 2026-05-06

    Received notice of Final Reading (Sen. Com. No. 816).

    receipt

  8. 2026-05-01

    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) Chang, Hashimoto, Rhoads; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

    committee-passage-favorable

  9. 2026-05-01

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

    committee-passage-favorable

  10. 2026-05-01

    Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 128-26).

  11. 2026-05-01

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

  12. 2026-05-01

    Reported from Conference Committee (Conf Com. Rep. No. 128-26) as amended in (CD 1).

  13. 2026-05-01

    Forty-eight (48) hours notice Wednesday, 05-06-26.

  14. 2026-04-30

    Conference Committee Meeting will reconvene on Friday 05-01-26 10:00AM in conference room 224.

  15. 2026-04-29

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

  16. 2026-04-28

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

  17. 2026-04-27

    Received notice of appointment of House conferees (Hse. Com. No. 839).

    receipt

  18. 2026-04-27

    Bill scheduled for Conference Committee Meeting on Tuesday, 04-28-26 10:03AM in conference room 224.

  19. 2026-04-24

    House Conferees Appointed: Evslin, Miyake Co-Chairs; Pierick.

  20. 2026-04-21

    Senate Conferees Appointed: Chang Chair; Hashimoto Co-Chair; Rhoads.

  21. 2026-04-21

    Received notice of Senate conferees (Sen. Com. No. 718).

    receipt

  22. 2026-04-10

    Received from House (Hse. Com. No. 500).

    introduction,receipt

  23. 2026-04-10

    Senate disagrees with House amendments.

    amendment-failure

  24. 2026-04-10

    Received notice of disagreement (Sen. Com. No. 564).

    receipt

  25. 2026-04-09

    Reported from FIN (Stand. Com. Rep. No. 2016-26), recommending passage on Third Reading.

  26. 2026-04-09

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

    passage

  27. 2026-04-07

    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.

    committee-passage-favorable

  28. 2026-04-02

    The committee(s) on FIN recommend(s) that the measure be deferred until 04-07-26.

    deferral

  29. 2026-04-02

    Bill scheduled for decision making on Tuesday, 04-07-26 10:10AM in conference room 308 VIA VIDEOCONFERENCE.

  30. 2026-03-31

    Bill scheduled to be heard by FIN on Thursday, 04-02-26 2:00PM in House conference room 308 VIA VIDEOCONFERENCE.

  31. 2026-03-25

    Reported from HSG (Stand. Com. Rep. No. 1420-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

  32. 2026-03-25

    Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with Representative(s) Cochran voting aye with reservations; Representative(s) Pierick voting no (1) and Representative(s) Matsumoto, Perruso excused (2).

    reading-2,referral-committee

  33. 2026-03-20

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

    committee-passage-favorable

  34. 2026-03-17

    Bill scheduled to be heard by HSG on Friday, 03-20-26 9:00AM in House conference room 430 VIA VIDEOCONFERENCE.

  35. 2026-03-10

    Referred to HSG, FIN, referral sheet 15

    referral-committee

  36. 2026-03-06

    Pass First Reading

    reading-1

  37. 2026-03-05

    Report Adopted; Passed Third Reading, as amended (SD 2). Ayes, 24; Aye(s) with reservations: none. Noes, 0 (none). Excused, 1 (Senator(s) Ihara). Transmitted to House.

    passage

  38. 2026-03-05

    Received from Senate (Sen. Com. No. 20) in amended form (SD 2).

    introduction,receipt

  39. 2026-02-24

    Reported from WAM (Stand. Com. Rep. No. 2709) with recommendation of passage on Third Reading, as amended (SD 2).

  40. 2026-02-24

    48 Hrs. Notice 03-05-26.

  41. 2026-02-19

    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, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Kidani, Richards.

    committee-passage-favorable

  42. 2026-02-13

    The committee(s) on WAM will hold a public decision making on 02-19-26 10:30AM; Conference Room 211 & Videoconference.

  43. 2026-02-11

    Reported from HOU (Stand. Com. Rep. No. 2146) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

  44. 2026-02-11

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

    passage,reading-2,referral-committee

  45. 2026-02-03

    The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 4 Aye(s): Senator(s) Chang, Hashimoto, Elefante, Rhoads; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.

    committee-passage-favorable

  46. 2026-01-27

    The committee(s) on HOU deferred the measure until 02-03-26 1:00PM; Conference Room 225 & Videoconference.

    deferral

  47. 2026-01-23

    The committee(s) on HOU has scheduled a public hearing on 01-27-26 1:00PM; Conference Room 225 & Videoconference.

  48. 2026-01-22

    Referred to HOU, WAM.

    referral-committee

  49. 2026-01-21

    Introduced and passed First Reading.

    introduction,reading-1

  50. 2026-01-14

    Pending Introduction.

Versions

Documents

Votes

  • The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS.

    2026-02-03 · pass · 4-0

    Member-level votes (5)
    • Chang: yes
    • Hashimoto: yes
    • Elefante: yes
    • Rhoads: yes
    • Fevella: not voting

  • The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS.

    2026-02-19 · pass · 11-0

    Member-level votes (14)
    • Dela Cruz: yes
    • Moriwaki: yes
    • DeCoite: yes
    • Elefante: yes
    • Hashimoto: yes
    • Inouye: yes
    • Kanuha: yes
    • Kim: yes
    • Lee: yes
    • C: yes
    • Wakai: yes
    • Fevella: yes
    • Kidani: not voting
    • Richards: not voting

  • Report Adopted; Passed Third Reading, as amended (SD 2).

    2026-03-05 · pass · 24-0

    Member-level votes (1)
    • Senator(s: not voting

  • The committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS.

    2026-03-20 · pass · 8-0

    Member-level votes (9)
    • Evslin: yes
    • Miyake: yes
    • Grandinetti: yes
    • Kitagawa: yes
    • La Chica: yes
    • Muraoka: yes
    • Pierick: yes
    • Cochran: yes
    • Kila: not voting

  • The committee on FIN recommend that the measure be PASSED, UNAMENDED.

    2026-04-07 · pass · 15-0

    Member-level votes (17)
    • Todd: yes
    • Takenouchi: yes
    • Hartsfield: yes
    • Hussey: yes
    • Keohokapu-Lee Loy: yes
    • Kitagawa: yes
    • Kusch: yes
    • Lee: yes
    • M: yes
    • Miyake: yes
    • Perruso: yes
    • Templo: yes
    • Yamashita: yes
    • Gedeon: yes
    • Reyes Oda: yes
    • Alcos: yes
    • Morikawa: not voting

  • The Conference Committee recommends that the measure be Passed, with Amendments.

    2026-05-01 · pass · 3-0

    Member-level votes (3)
    • Evslin: yes
    • Miyake: yes
    • Pierick: yes

  • The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS.

    2026-05-01 · pass · 3-0

    Member-level votes (3)
    • Chang: yes
    • Hashimoto: yes
    • Rhoads: yes

Related bills

No related bills recorded for this bill.

Official source

https://capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=2060&year=2026

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:20:09.051962Z

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