HawaiiRELATING TO CONDOMINIUMS.
What it does
Establishes within the Hawaii Green Infrastructure Authority the Condominium Loan Program to provide qualified condominium associations with low-cost financing or refinancing on previously obtained loans for maintenance and essential repairs. Establishes the Condominium Loan Loss Reserves Program to incentivize lenders into providing loans at competitive rates and terms for the purpose of allowing condominium associations to make necessary maintenance or repairs. Requires annual reports to the Legislature.
More detail
Appropriates funds into and out of the Condominium Loan Revolving Fund. Effective 7/1/2050. (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
- Mar 4Pass First ReadingLatest
- Mar 4Referred to CPC, FIN, referral sheet 18Minor
- Feb 28Report Adopted; Passed Third Reading. Ayes, 23; Aye(s) with reservations: Senator(s) Inouye. Noes, 0 (none). Excused, 2 (Senator(s) Fukunaga, Kidani). Transmitted to House.Passed Senate
- Vote recorded Report Adopted; Passed Third Reading. Result: pass.Upper
- Feb 28Received from Senate (Sen. Com. No. 45) in amended form (SD 1).Minor
- Feb 27Reported from WAM (Stand. Com. Rep. No. 779) with recommendation of passage on Third Reading.
- Feb 27One Day Notice 02-28-25.
- Feb 18The 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, Aquino, Elefante, Hashimoto, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: Senator(s) Inouye ; 0 No(es): none; and 1 Excused: Senator(s) DeCoite.Minor
- Vote recorded The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. Result: pass.Upper
- Feb 14The committee(s) on WAM will hold a public decision making on 02-18-25 10:01AM; Conference Room 211 & Videoconference.
- Feb 7Reported from CPN/EDT (Stand. Com. Rep. No. 100) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
- Feb 7Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.Minor
- Feb 5The 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, McKelvey, Richards; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa.Minor
- Vote recorded The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
- Vote recorded The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
- Feb 5The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EDT were as follows: 4 Aye(s): Senator(s) DeCoite, Wakai, Fukunaga, Kim; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa.Minor
- Jan 31The committee(s) on CPN/EDT has scheduled a public hearing on 02-05-25 9:45AM; Conference Room 229 & Videoconference.
- Jan 23Referred to CPN/EDT, WAM.Minor
- Jan 21Passed First Reading.Minor
- Jan 17Introduced.Introduced