SB 2552HawaiiProcess complete

Measure would set tax rules for Hawaii first-home savings accounts

If approved, the measure would apply to Hawaii savers’ housing-account deductions for tax years beginning after 2026, but the replacement dollar limits are missing.

What it does

The text provides for a tax deduction on qualifying savings for a first home in Hawaii, subject to a one-year holding rule. Its annual and lifetime dollar limits are blank.

Argument forA deduction for qualifying savings could help eligible Hawaii residents save toward buying their first home.

Argument againstThe one-year holding rule and recent-homeownership limit could keep some people from using the deduction when they need it.

More detail

The text provides for a tax deduction on qualifying account deposits and sets annual and lifetime contribution limits. The rules cover individual taxpayers and married couples with individual housing accounts. The account must fund the saver’s first home in Hawaii. The saver, or the saver’s spouse if married, must not have had an interest in a home during the five years before opening the account. Deposits must remain in the account for at least 365 days to qualify for the deduction. The replacement dollar amounts for the annual and lifetime limits are blank in the text. If approved, the text would apply to taxable years beginning after December 31, 2026.

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Where it stands

IntroducedJan 23
Passed SenateMar 10
Passed HouseApr 9
To GovernorMay 8
Became LawJul 9

Looking ahead

No hearings or votes scheduled.

History

2026
1. Jul 9Act 217, 07/08/2026 (Gov. Msg. No. 1319).Latest
2. Jul 9Act 217, on 07/08/2026 (Gov. Msg. No. 1319).Became Law
3. May 8Received notice of passage on Final Reading in House (Hse. Com. No. 888).Minor
4. May 8Enrolled to Governor.To Governor
5. May 6Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.Major
  - Vote recorded Passed Final Reading as amended in CD 1. Result: pass.Lower
6. May 6Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0).Major
7. May 6Received notice of Final Reading (Sen. Com. No. 816).Minor
8. May 1Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 111-26).
9. May 148 Hrs. Notice (as amended CD 1) 05-06-26.
10. May 1Reported from Conference Committee (Conf Com. Rep. No. 111-26) as amended in (CD 1).
11. May 1Forty-eight (48) hours notice Wednesday, 05-06-26.
12. Apr 30The 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.Minor
  - Vote recorded The Conference Committee recommends that the measure be Passed, with Amendments. Result: pass.Lower
  - Vote recorded The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
13. Apr 30The 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.Minor
14. Apr 29Conference Committee Meeting will reconvene on Thursday 04-30-26 10:00AM in conference room 224.
15. Apr 28Conference Committee Meeting will reconvene on Wednesday 04-29-26 10:00AM in conference room 224.
16. Apr 27Conference Committee Meeting will reconvene on Tuesday 04-28-26 10:05AM in conference room 224.
17. Apr 24Conference Committee Meeting will reconvene on Monday 04-27-26 10:05AM in conference room 224.
18. Apr 23Bill scheduled for Conference Committee Meeting on Friday, 04-24-26 10:05AM in conference room 224.
19. Apr 20House Conferees Appointed: Evslin, Miyake Co-Chairs; Matsumoto.
20. Apr 20Received notice of appointment of House conferees (Hse. Com. No. 787).Minor
21. Apr 20Senate Conferees Appointed: Chang Chair; Hashimoto Co-Chair; Fevella.
22. Apr 20Received notice of Senate conferees (Sen. Com. No. 714).Minor
23. Apr 10Received from House (Hse. Com. No. 513).Minor
24. Apr 10Senate disagrees with House amendments.Minor
25. Apr 10Received notice of disagreement (Sen. Com. No. 564).Minor
26. Apr 9Reported from FIN (Stand. Com. Rep. No. 2017-26), recommending passage on Third Reading.
  - Vote recorded Passed Third Reading. Result: pass.Lower
27. Apr 9Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran excused (1). Transmitted to Senate.Passed House
28. Apr 7The 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.Minor
  - Vote recorded The committee on FIN recommend that the measure be PASSED, UNAMENDED. Result: pass.Lower
29. Apr 2The committee(s) on FIN recommend(s) that the measure be deferred until 04-07-26.Minor
30. Apr 2Bill scheduled for decision making on Tuesday, 04-07-26 10:10AM in conference room 308 VIA VIDEOCONFERENCE.
31. Mar 31Bill scheduled to be heard by FIN on Thursday, 04-02-26 2:00PM in House conference room 308 VIA VIDEOCONFERENCE.
32. Mar 24Reported from HSG (Stand. Com. Rep. No. 1386-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
  - Vote recorded Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN. Result: pass.Lower
33. Mar 24Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Garrett, Quinlan excused (2).Minor
34. Mar 20The 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.Minor
  - Vote recorded The committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. Result: pass.Lower
35. Mar 17Bill scheduled to be heard by HSG on Friday, 03-20-26 9:00AM in House conference room 430 VIA VIDEOCONFERENCE.
36. Mar 12Pass First ReadingMinor
37. Mar 12Referred to HSG, FIN, referral sheet 17Minor
38. Mar 10Report adopted; Passed Third Reading. Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.Passed Senate
  - Vote recorded Report adopted; Passed Third Reading. Result: pass.Upper
39. Mar 10Received from Senate (Sen. Com. No. 259) in amended form (SD 1).Minor
40. Mar 6Reported from WAM (Stand. Com. Rep. No. 2906) with recommendation of passage on Third Reading.
41. Mar 6One Day Notice 03-10-26.
42. Mar 3The 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.Minor
  - Vote recorded The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. Result: pass.Upper
43. Feb 27The committee(s) on WAM will hold a public decision making on 03-03-26 10:17AM; Conference Room 211 & Videoconference.
44. Feb 19Reported from HOU (Stand. Com. Rep. No. 2402) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
45. Feb 19Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.Minor
46. Feb 10The 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.Minor
  - Vote recorded The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
47. Feb 5The committee(s) on HOU deferred the measure until 02-10-26 1:00PM; Conference Room 225 & Videoconference.Minor
48. Feb 2The committee(s) on HOU has scheduled a public hearing on 02-05-26 1:01PM; Conference Room 225 & Videoconference.
49. Jan 28Referred to HOU, WAM.Minor
50. Jan 23Introduced.Minor
51. Jan 23Passed First Reading.Introduced

HousingTaxes & Budget

Issue with this bill?

SB 2552HawaiiProcess complete

Measure would set tax rules for Hawaii first-home savings accounts

If approved, the measure would apply to Hawaii savers’ housing-account deductions for tax years beginning after 2026, but the replacement dollar limits are missing.

What it does

The text provides for a tax deduction on qualifying savings for a first home in Hawaii, subject to a one-year holding rule. Its annual and lifetime dollar limits are blank.

Argument forA deduction for qualifying savings could help eligible Hawaii residents save toward buying their first home.

Argument againstThe one-year holding rule and recent-homeownership limit could keep some people from using the deduction when they need it.

More detail

Where do you stand?

Tell your reps

Take a position to see your representatives and ways to contact them.

More on this bill

Where it stands

IntroducedJan 23
Passed SenateMar 10
Passed HouseApr 9
To GovernorMay 8
Became LawJul 9

Looking ahead

No hearings or votes scheduled.

History

2026
1. Jul 9Act 217, 07/08/2026 (Gov. Msg. No. 1319).Latest
2. Jul 9Act 217, on 07/08/2026 (Gov. Msg. No. 1319).Became Law
3. May 8Received notice of passage on Final Reading in House (Hse. Com. No. 888).Minor
4. May 8Enrolled to Governor.To Governor
5. May 6Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.Major
  - Vote recorded Passed Final Reading as amended in CD 1. Result: pass.Lower
6. May 6Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0).Major
7. May 6Received notice of Final Reading (Sen. Com. No. 816).Minor
8. May 1Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 111-26).
9. May 148 Hrs. Notice (as amended CD 1) 05-06-26.
10. May 1Reported from Conference Committee (Conf Com. Rep. No. 111-26) as amended in (CD 1).
11. May 1Forty-eight (48) hours notice Wednesday, 05-06-26.
12. Apr 30The 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.Minor
  - Vote recorded The Conference Committee recommends that the measure be Passed, with Amendments. Result: pass.Lower
  - Vote recorded The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
13. Apr 30The 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.Minor
14. Apr 29Conference Committee Meeting will reconvene on Thursday 04-30-26 10:00AM in conference room 224.
15. Apr 28Conference Committee Meeting will reconvene on Wednesday 04-29-26 10:00AM in conference room 224.
16. Apr 27Conference Committee Meeting will reconvene on Tuesday 04-28-26 10:05AM in conference room 224.
17. Apr 24Conference Committee Meeting will reconvene on Monday 04-27-26 10:05AM in conference room 224.
18. Apr 23Bill scheduled for Conference Committee Meeting on Friday, 04-24-26 10:05AM in conference room 224.
19. Apr 20House Conferees Appointed: Evslin, Miyake Co-Chairs; Matsumoto.
20. Apr 20Received notice of appointment of House conferees (Hse. Com. No. 787).Minor
21. Apr 20Senate Conferees Appointed: Chang Chair; Hashimoto Co-Chair; Fevella.
22. Apr 20Received notice of Senate conferees (Sen. Com. No. 714).Minor
23. Apr 10Received from House (Hse. Com. No. 513).Minor
24. Apr 10Senate disagrees with House amendments.Minor
25. Apr 10Received notice of disagreement (Sen. Com. No. 564).Minor
26. Apr 9Reported from FIN (Stand. Com. Rep. No. 2017-26), recommending passage on Third Reading.
  - Vote recorded Passed Third Reading. Result: pass.Lower
27. Apr 9Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran excused (1). Transmitted to Senate.Passed House
28. Apr 7The 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.Minor
  - Vote recorded The committee on FIN recommend that the measure be PASSED, UNAMENDED. Result: pass.Lower
29. Apr 2The committee(s) on FIN recommend(s) that the measure be deferred until 04-07-26.Minor
30. Apr 2Bill scheduled for decision making on Tuesday, 04-07-26 10:10AM in conference room 308 VIA VIDEOCONFERENCE.
31. Mar 31Bill scheduled to be heard by FIN on Thursday, 04-02-26 2:00PM in House conference room 308 VIA VIDEOCONFERENCE.
32. Mar 24Reported from HSG (Stand. Com. Rep. No. 1386-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
  - Vote recorded Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN. Result: pass.Lower
33. Mar 24Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Garrett, Quinlan excused (2).Minor
34. Mar 20The 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.Minor
  - Vote recorded The committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. Result: pass.Lower
35. Mar 17Bill scheduled to be heard by HSG on Friday, 03-20-26 9:00AM in House conference room 430 VIA VIDEOCONFERENCE.
36. Mar 12Pass First ReadingMinor
37. Mar 12Referred to HSG, FIN, referral sheet 17Minor
38. Mar 10Report adopted; Passed Third Reading. Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.Passed Senate
  - Vote recorded Report adopted; Passed Third Reading. Result: pass.Upper
39. Mar 10Received from Senate (Sen. Com. No. 259) in amended form (SD 1).Minor
40. Mar 6Reported from WAM (Stand. Com. Rep. No. 2906) with recommendation of passage on Third Reading.
41. Mar 6One Day Notice 03-10-26.
42. Mar 3The 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.Minor
  - Vote recorded The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. Result: pass.Upper
43. Feb 27The committee(s) on WAM will hold a public decision making on 03-03-26 10:17AM; Conference Room 211 & Videoconference.
44. Feb 19Reported from HOU (Stand. Com. Rep. No. 2402) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
45. Feb 19Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.Minor
46. Feb 10The 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.Minor
  - Vote recorded The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
47. Feb 5The committee(s) on HOU deferred the measure until 02-10-26 1:00PM; Conference Room 225 & Videoconference.Minor
48. Feb 2The committee(s) on HOU has scheduled a public hearing on 02-05-26 1:01PM; Conference Room 225 & Videoconference.
49. Jan 28Referred to HOU, WAM.Minor
50. Jan 23Introduced.Minor
51. Jan 23Passed First Reading.Introduced

HousingTaxes & Budget

Issue with this bill?

What it does

Where do you stand?

Choose your position

Tell your reps

More on this bill

Where it stands

Looking ahead

History

What it does

Where do you stand?

Choose your position

Tell your reps

More on this bill

Where it stands

Looking ahead

History