HI SB 3165
died on adjournmentRELATING TO ECONOMIC DEVELOPMENT.
Hawaii · 2026 Regular Session · upper
Description
Establishes the Hawaii Micro-Lending Credit Enhancement Program within the Department of Business, Economic Development, and Tourism to expand micro-lending capacity by providing state‑funded loan loss reserves or other credit enhancement that absorbs first losses on qualified micro-loans made by participating lenders to Hawaii small businesses. Allows borrower fees and state matching contributions to capitalize lender-held loan loss reserve accounts. Establishes the Hawaii Micro-Lending Credit Enhancement Special Fund. Requires reports to the Legislature. Appropriates funds.
- Introduced
- 2026-01-28
- Status date
- —
- Latest action
- 2026-02-02 — Referred to EDT, WAM/CPN.
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- KEOHOKALOLEprimary
Committees
Not provided by source.
Action timeline
2026-02-02
Referred to EDT, WAM/CPN.
referral-committee
2026-01-28
Passed First Reading.
reading-1
2026-01-28
Introduced.
introduction
Versions
- SB3165Compare
Documents
- text/html
- application/pdf(no extracted text yet)
Votes
Not provided by source.
Related bills
- Companion bill: HB 2583
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:20:09.051962Z
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