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HB1757 • 2026

RELATING TO DEPARTMENT OF HAWAIIAN HOMELANDS LEASES.

RELATING TO DEPARTMENT OF HAWAIIAN HOMELANDS LEASES.

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
GARCIA, ALCOS, GEDEON, MATSUMOTO, MURAOKA, PIERICK, REYES ODA, SHIMIZU
Last action
2026-01-26
Official status
Referred to JHA, FIN, referral sheet 1
Effective date
Not listed

Plain English Breakdown

The official source material does not provide details on how lease documents will be changed or what specific language rules must be followed, only that the requirements for securitization must be met.

Making Hawaiian Homes Leases Better for Loans

This bill requires leases used in the conveyance of available lands under the Hawaiian Homes Commission Act to conform to requirements set by federally insured lending programs.

What This Bill Does

  • Requires leases used in the conveyance of available lands as defined by section 203 of the Hawaiian Homes Commission Act, as amended, to conform to the requirements for securitization by federally insured lending programs.

Who It Names or Affects

  • Native Hawaiians who hold homestead leases under the Hawaiian Homes Commission Act
  • The Department of Hawaiian Home Lands

Terms To Know

Securitization
A process where loans are packaged and sold as financial products to investors.
Federally insured lending programs
Loan programs like Fannie Mae and Freddie Mac that have rules set by the federal government.

Limits and Unknowns

  • The bill needs approval from the United States Congress before it can take effect.
  • It is not clear when the Secretary of the Interior will notify Congress about this Act's compliance with certain criteria.

Bill History

  1. 2026-01-26 H

    Referred to JHA, FIN, referral sheet 1

  2. 2026-01-22 H

    Introduced and Pass First Reading.

  3. 2026-01-21 H

    Pending introduction.

Official Summary Text

RELATING TO DEPARTMENT OF HAWAIIAN HOMELANDS LEASES.
Minority Caucus Package; DHHL; Hawaiian Homes Commission Act; Leases
Requires leases used in the conveyance of available lands as defined by section 203 of the Hawaiian Homes Commission Act, as amended, to conform to the requirements for securitization by federally insured lending programs.

Current Bill Text

Read the full stored bill text
HB1757

HOUSE OF REPRESENTATIVES

H.B. NO.

1757

THIRTY-THIRD LEGISLATURE, 2026

STATE OF HAWAII

A BILL FOR AN ACT

relating
to department of Hawaiian homelands leases.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

����
SECTION
1.
�
The legislature finds that lack of
funding sources can be an impediment to native Hawaiian families that have held
homestead leases under the Hawaiian Homes Commission Act.
�
Specifically, current lease documents fail to
conform to the requirements of federally insured lending programs such as
Fannie Mae or Freddie Mac.

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The
purpose of this Act is to modernize the language used in all leases relating to
the conveyance of �available lands� as designated in section 203 of the
Hawaiian Homes Commission Act, 1920, as amended, such that it conforms to the
requirements for securitization of federally insured lending programs such as
Fannie Mae or Freddie Mac.

����
SECTION
2.
�
The Hawaiian Homes Commission Act,
1920, as amended, is amended by adding a new section to be appropriately
designated and to read as follows:

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"
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��
.
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Land leases; specific language required.
�
Notwithstanding any provision of
this Act to the contrary, any land lease used in the conveyance of �available
lands� as defined in section 203 of the Hawaii Homes Commission Act shall
conform in all respects to the requirements for securitization by federally
insured lending programs.
�

����
SECTION
3.
�
New statutory material is
underscored.

����
SECTION
4.
�
This Act shall take effect on either
the date of the Secretary of the Interior's notification letter to the
Congressional Committee Chairmen that this Act meets none of the criteria in 43
CFR section 48.20, or on the date that the United States Congress approval
becomes law.

INTRODUCED BY:

_____________________________

Report Title:

Minority
Caucus Package; DHHL; Hawaiian Homes Commission Act; Leases

Description:

Requires
leases used in the conveyance of available lands as

defined
by section 203 of the Hawaiian Homes Commission Act, as

amended,
to conform to the requirements for securitization by

federally
insured lending programs.

The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.