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SB2069 • 2026

RELATING TO THE DWELLING UNIT REVOLVING FUND.

RELATING TO THE DWELLING UNIT REVOLVING FUND.

Housing
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
CHANG, FEVELLA, KIDANI, SAN BUENAVENTURA, Richards
Last action
2026-05-08
Official status
Enrolled to Governor.
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

RELATING TO THE DWELLING UNIT REVOLVING FUND.

RELATING TO THE DWELLING UNIT REVOLVING FUND.

What This Bill Does

  • RELATING TO THE DWELLING UNIT REVOLVING FUND.
  • HHFDC; Dwelling Unit Revolving Fund; Dwelling Unit Revolving Fund Equity Pilot Program Extends the sunset date of the Dwelling Unit Revolving Fund Equity Pilot Program pursuant to Act 92, SLH 2023, from June 30, 2028, to June 30, 2031.
  • Requires any equity purchased by the Hawaii Housing Finance and Development Corporation under the Dwelling Unit Revolving Fund Equity Pilot Program to be in a for-sale housing development project within a transit-oriented development zone.
  • Authorizes HHFDC to spend up to $20,000,000 from the Dwelling Unit Revolving Fund for the Equity Pilot Program established pursuant to Act 92, Session Laws of Hawaii 2023.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

Hawaii published version CD1_HFA3

Plain English: HOUSE OF REPRESENTATIVES HOUSE OF REPRESENTATIVES AMENDMENT TO: Senate Bill No.

  • HOUSE OF REPRESENTATIVES HOUSE OF REPRESENTATIVES AMENDMENT TO: Senate Bill No.
  • 2069, S.D.
  • 2, H.D.
  • 1, C.D.
CD3

13

Hawaii published version CD3

Plain English: THE SENATE S.B.

  • THE SENATE S.B.
  • NO.
  • 2069 THIRTY-THIRD LEGISLATURE, 2026 S.D.
  • 2 STATE OF HAWAII H.D.
Hawaii published version CD1_SFA11

Plain English: SENATE FLOOR AMENDMENT FLOOR AMENDMENT NO.

  • SENATE FLOOR AMENDMENT FLOOR AMENDMENT NO.
  • May^2026 Date LL TO: Senate Bill No.
  • 2069, S.D.
  • 2, H.D.
Hawaii published version CD2_SFA11

Plain English: SB template SENATE FLOOR AMENDMENT FLOOR AMENDMENT NO.

  • SB template SENATE FLOOR AMENDMENT FLOOR AMENDMENT NO.
  • �������������������������������������������������� Date ������������������������������������������� TO:���� Senate Bill No.
  • 2069, S.D.
  • 2, H.D.
CD1

7

Hawaii published version CD1

Plain English: SB2069 CD1 THE SENATE S.B.

  • SB2069 CD1 THE SENATE S.B.
  • NO.
  • 2069 THIRTY-THIRD LEGISLATURE, 2026 S.D.
  • 2 STATE OF HAWAII H.D.
CD2

9

Hawaii published version CD2

Plain English: THE SENATE S.B.

  • THE SENATE S.B.
  • NO.
  • 2069 THIRTY-THIRD LEGISLATURE, 2026 S.D.
  • 2 STATE OF HAWAII H.D.
HD1

1

Hawaii published version HD1

Plain English: SB2069 HD1 THE SENATE S.B.

  • SB2069 HD1 THE SENATE S.B.
  • NO.
  • 2069 THIRTY-THIRD LEGISLATURE, 2026 S.D.
  • 2 STATE OF HAWAII H.D.
SD1

3

Hawaii published version SD1

Plain English: SB2069 SD1 THE SENATE S.B.

  • SB2069 SD1 THE SENATE S.B.
  • NO.
  • 2069 THIRTY-THIRD LEGISLATURE, 2026 S.D.
  • 1 STATE OF HAWAII A BILL FOR AN ACT RELATING TO THE DWELLING UNIT REVOLVING FUND .
SD2

5

Hawaii published version SD2

Plain English: SB2069 SD2 THE SENATE S.B.

  • SB2069 SD2 THE SENATE S.B.
  • NO.
  • 2069 THIRTY-THIRD LEGISLATURE, 2026 S.D.
  • 2 STATE OF HAWAII A BILL FOR AN ACT RELATING TO THE DWELLING UNIT REVOLVING FUND .

Bill History

  1. 2026-05-08 S

    Enrolled to Governor.

  2. 2026-05-08 S

    Received notice of passage on Final Reading in House (Hse. Com. No. 889).

  3. 2026-05-08 H

    Received notice of Final Reading (Sen. Com. No. 820).

  4. 2026-05-08 S

    Passed Final Reading, as amended (CD 2). Ayes, 24; Aye(s) with reservations: none. Noes, 0 (none). Excused, 1 (Senator(s) San Buenaventura).

  5. 2026-05-08 H

    Passed Final Reading as amended in CD 2 with none voting aye with reservations; Representative(s) Cochran voting no (1) and none excused (0).

  6. 2026-05-06 S

    48 Hrs. Notice 05-08-26

  7. 2026-05-06 S

    Report filed.

  8. 2026-05-06 S

    Separated Committee Report.

  9. 2026-05-06 S

    Floor amendment adopted as amended (CD 2).

  10. 2026-05-06 S

    Floor Amendment No. 11 offered.

  11. 2026-05-06 H

    Forty-eight (48) hours notice Friday 05-08-26.

  12. 2026-05-06 H

    Floor amendment adopted as amended CD 2 with none voting no and none excused.

  13. 2026-05-06 H

    Floor Amendment No. 3 offered by Rep. Evslin.

  14. 2026-04-29 H

    Forty-eight (48) hours notice Wednesday, 05-06-26.

  15. 2026-04-29 H

    Reported from Conference Committee (Conf Com. Rep. No. 43-26) as amended in (CD 1).

  16. 2026-04-29 S

    48 Hrs. Notice (as amended CD 1) 05-06-26.

  17. 2026-04-29 S

    Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 43-26).

  18. 2026-04-29 H

    The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 3 Ayes: Representative(s) Evslin, Miyake, Cochran; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.

  19. 2026-04-29 S

    The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 3 Aye(s): Senator(s) Chang, Hashimoto, Rhoads; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

  20. 2026-04-28 H

    Conference Committee Meeting will reconvene on Wednesday 04-29-26 10:00AM in conference room 224.

  21. 2026-04-27 H

    Conference Committee Meeting will reconvene on Tuesday 04-28-26 10:05AM in conference room 224.

  22. 2026-04-24 H

    Conference Committee Meeting will reconvene on Monday 04-27-26 10:05AM in conference room 224.

  23. 2026-04-23 H

    Bill scheduled for Conference Committee Meeting on Friday, 04-24-26 10:05AM in conference room 224.

  24. 2026-04-23 S

    Received notice of appointment of House conferees (Hse. Com. No. 811).

  25. 2026-04-22 H

    House Conferees Appointed: Evslin, Miyake Co-Chairs; Cochran.

  26. 2026-04-21 H

    Received notice of Senate conferees (Sen. Com. No. 718).

  27. 2026-04-21 S

    Senate Conferees Appointed: Chang Chair; Hashimoto Co-Chair; Rhoads.

  28. 2026-04-10 H

    Received notice of disagreement (Sen. Com. No. 564).

  29. 2026-04-10 S

    Senate disagrees with House amendments.

  30. 2026-04-10 S

    Received from House (Hse. Com. No. 501).

  31. 2026-04-09 H

    Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran excused (1). Transmitted to Senate.

  32. 2026-04-09 H

    Reported from FIN (Stand. Com. Rep. No. 2019-26), recommending passage on Third Reading.

  33. 2026-04-07 H

    The 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.

  34. 2026-04-02 H

    Bill scheduled for decision making on Tuesday, 04-07-26 10:10AM in conference room 308 VIA VIDEOCONFERENCE.

  35. 2026-04-02 H

    The committee(s) on FIN recommend(s) that the measure be deferred until 04-07-26.

  36. 2026-03-31 H

    Bill scheduled to be heard by FIN on Thursday, 04-02-26 2:00PM in House conference room 308 VIA VIDEOCONFERENCE.

  37. 2026-03-25 H

    Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with Representative(s) Cochran voting aye with reservations; none voting no (0) and Representative(s) Matsumoto, Perruso excused (2).

  38. 2026-03-25 H

    Reported from HSG (Stand. Com. Rep. No. 1421-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

  39. 2026-03-20 H

    The 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, Muraoka, Pierick; Ayes with reservations: Representative(s) Cochran; Noes: none; and 1 Excused: Representative(s) Kila.

  40. 2026-03-17 H

    Bill scheduled to be heard by HSG on Friday, 03-20-26 9:00AM in House conference room 430 VIA VIDEOCONFERENCE.

  41. 2026-03-10 H

    Referred to HSG, FIN, referral sheet 15

  42. 2026-03-06 H

    Pass First Reading

  43. 2026-03-05 H

    Received from Senate (Sen. Com. No. 21) in amended form (SD 2).

  44. 2026-03-05 S

    Report Adopted; Passed Third Reading, as amended (SD 2). Ayes, 24; Aye(s) with reservations: none. Noes, 0 (none). Excused, 1 (Senator(s) Ihara). Transmitted to House.

  45. 2026-02-25 S

    48 Hrs. Notice 03-05-26.

  46. 2026-02-25 S

    Reported from WAM (Stand. Com. Rep. No. 2715) with recommendation of passage on Third Reading, as amended (SD 2).

  47. 2026-02-19 S

    The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 11 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Kidani, Richards.

  48. 2026-02-13 S

    The committee(s) on WAM will hold a public decision making on 02-19-26 10:30AM; Conference Room 211 & Videoconference.

  49. 2026-02-10 S

    Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

  50. 2026-02-10 S

    Reported from HOU (Stand. Com. Rep. No. 2134) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

  51. 2026-01-27 S

    The 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.

  52. 2026-01-23 S

    The committee(s) on HOU has scheduled a public hearing on 01-27-26 1:00PM; Conference Room 225 & Videoconference.

  53. 2026-01-22 S

    Referred to HOU, WAM.

  54. 2026-01-21 S

    Introduced and passed First Reading.

  55. 2026-01-14 S

    Pending Introduction.

Official Summary Text

RELATING TO THE DWELLING UNIT REVOLVING FUND.
HHFDC; Dwelling Unit Revolving Fund; Dwelling Unit Revolving Fund Equity Pilot Program
Extends the sunset date of the Dwelling Unit Revolving Fund Equity Pilot Program pursuant to Act 92, SLH 2023, from June 30, 2028, to June 30, 2031. Requires any equity purchased by the Hawaii Housing Finance and Development Corporation under the Dwelling Unit Revolving Fund Equity Pilot Program to be in a for-sale housing development project within a transit-oriented development zone. Authorizes HHFDC to spend up to $20,000,000 from the Dwelling Unit Revolving Fund for the Equity Pilot Program established pursuant to Act 92, Session Laws of Hawaii 2023. (CD2)

Current Bill Text

Read the full stored bill text 
SB2069

THE SENATE

S.B. NO.

2069

THIRTY-THIRD LEGISLATURE, 2026

STATE OF HAWAII

A BILL FOR AN ACT

Relating
to the Dwelling Unit revolving Fund
.

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

����
SECTION 1.
�
The Hawaii
housing finance and development corporation may spend up to $
or so much thereof as may be necessary for fiscal year 2026-2027 from the
dwelling unit revolving fund for the equity pilot program established pursuant
to Act 92, Session Laws of Hawaii 2023.

����
SECTION 2.
�

This Act shall take effect on July 1, 2050.

INTRODUCED BY:

_____________________________

Report Title:

HHFDC; Dwelling Unit Revolving Fund; Equity Pilot Program

Description:

Authorizes
the Hawaii Housing Finance and Development Corporation to use existing funds in
the Dwelling Unit Revolving Fund for the Equity Pilot Program established under
Act 92, SLH 2023.
�
Takes effect 7/1/2050.

The summary description
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not legislation or evidence of legislative intent.