Requires the Director of Finance to consider, before the selection of a depository for the state treasury, the beneficial effects to the State of using depositories within the State, including but not limited to lending at favorable terms for the creation of certain affordable housing units. Effective 1/1/2050. (SD1)
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More on this bill
Where it stands
Introduced
2Passed Senate
3Passed House
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2026
Feb 20Reported from CPN/HOU (Stand. Com. Rep. No. 2547) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.Latest
Feb 20Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.Minor
Feb 5The 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, Rhoads, Fevella; Aye(s) with reservations: Senator(s) Elefante ; 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
Feb 4The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, Lamosao, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) McKelvey.Minor
Vote recorded The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
Feb 3The committee(s) on HOU deferred the measure until 02-05-26 1:00PM; Conference Room 225 & Videoconference.Minor
Feb 3The committee(s) on CPN deferred the measure until 02-04-26 9:35AM; Conference Room 229 & Videoconference.Minor
Jan 30The committee(s) on CPN/HOU has scheduled a public hearing on 02-03-26 9:31AM; Conference Room 229 & Videoconference.