HawaiiRELATING TO HOUSING.
What it does
Establishes the Accessory Dwelling Unit Financing and Deed Restriction Program to be administered by the Hawaii Housing Finance and Development Corporation to allocate funds to the counties for the purchase of equity for eligible homeowners or homebuyers to finance construction costs, development costs, and non-reoccurring closing costs associated with the construction of an accessory dwelling unit and purchase deed restrictions on such property. Exempts the conveyance tax for certain properties for taxable years beginning on 1/1/2026. Effective 7/1/2050.
More detail
(SD1)
Where do you stand?
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Feb 12Reported from HOU (Stand. Com. Rep. No. 332) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.Latest
- Feb 12Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.Minor
- Feb 4The 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, Kanuha, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Aquino.Minor
- Vote recorded The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
- Jan 30The committee(s) on HOU deferred the measure until 02-04-25 1:00PM; CR 225.Minor
- Jan 27Re-Referred to HOU, WAM.Minor
- Jan 27The committee(s) on HOU has scheduled a public hearing on 01-30-25 1:10PM; Conference Room 225 & Videoconference.
- Jan 21Referred to HOU/EIG, WAM.Minor
- Jan 17Introduced.Minor
- Jan 17Passed First Reading.Introduced