Hawaii legislation · 2026 Regular Session
Hawaii SB2060: Relating to the Rental Housing Revolving Fund.
Status: Signed into law, July 9, 2026
Authorizes the Hawaii Housing Finance and Development Corporation, with the approval of the Director of Finance, to transfer moneys between the Rental Housing Revolving Fund and its subaccounts without legislative authorization. Authorizes the Director of Finance to transfer moneys from the RHRF to its Mixed-Income Subaccount for FY 2026-2027. Appropriates funds. Effective 7/1/2050.
What the bill says
A bill for an act relating to the rental housing revolving fund.
From the enrolled text:
A BILL FOR AN ACT RELATING TO THE RENTAL HOUSING REVOLVING FUND. SECTION 1. Section 201H-201, Hawaii Revised Statutes, is amended by adding a new definition to be appropriately inserted and to read as follows: ""Mixed-income rental project" means a rental housing development that provides units for households at a range of income levels, primarily for households with an income at or below one hundred forty per cent of the area median income." SECTION 2. Section 201H-202, Hawaii Revised Statutes, is amended to read as follows: "§201H-202 Rental housing revolving fund. (a) There is established the rental housing revolving fund to be administered by the corporation. (b) An amount from the fund, to be set by the corporation and authorized by the legislature, may be used for administrative expenses incurred by the corporation in administering the corporation's housing finance programs; 2026-2564 SB2060 CDl SMA.docx Page S.B. NO. C.D. provided that fund moneys shall not be used to finance day-today administrative expenses of projects allotted fund moneys. (c) The following may be deposited into the fund[-f-] or into the mixed-income subaccount established under subsection (f) : (1) Appropriations made by the legislature; (2) Conveyance taxes pursuant to section 247-7; (3) Private contributions; (4) Repayment of loans; (5) Interest; (6) Other returns; and (7) Moneys from other sources. (d) [B-xeept] Notwithstanding any …
Sponsors
- Stanley Chang (D, 9) · primary sponsor
- Mike Gabbard (D, 21)
- Tim Richards (D, SD-004)
- Joy San Buenaventura (D, 2)
- Glenn Wakai (D, 15)
Latest actions
- : Act 212, on 07/08/2026 (Gov. Msg. No. 1314).
- : Act 212, 07/08/2026 (Gov. Msg. No. 1314).
- : Enrolled to Governor.
- : Received notice of passage on Final Reading in House (Hse. Com. No. 888).
- : Received notice of Final Reading (Sen. Com. No. 816).
- : Passed Final Reading as amended in CD 1 with none voting aye with reservations; Representative(s) Cochran, Pierick voting no (2) and none excused (0).
- : Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.
- : Forty-eight (48) hours notice Wednesday, 05-06-26.
- : Reported from Conference Committee (Conf Com. Rep. No. 128-26) as amended in (CD 1).
- : 48 Hrs. Notice (as amended CD 1) 05-06-26.
Votes
- Passed Final Reading, as amended (CD 1) (May 6, 2026): 25 yea, 0 nay, passed
- Final Reading as amended in CD 1 with none voting aye with reservations; Representative(s) Cochran, Pierick voting no (2) and none excused (0) (May 6, 2026): 49 yea, 2 nay, passed
- none. (May 1, 2026): 3 yea, 0 nay, passed
- Conference Committee Vote (May 1, 2026): 3 yea, 0 nay, passed
- Third Reading with none voting aye with reservations; Representative(s) Pierick voting no (1) and Representative(s) Cochran excused (1) (April 9, 2026): 49 yea, 1 nay, passed
- FIN: recommend that the measure be PASSED, UNAMENDED (April 7, 2026): 15 yea, 0 nay, passed
Subjects: Report, Housing, Appropriations, HHFDC, Counties, The Rental Housing Revolving Fund, DOA, Reports
Common questions
- What is SB2060?
- SB2060 is a bill in the Hawaii Legislature (2026 Regular Session): Relating to the Rental Housing Revolving Fund.
- What does SB2060 do?
- In its own words: A bill for an act relating to the rental housing revolving fund.
- What is the status of SB2060?
- Signed into law as of July 9, 2026. Latest action: Act 212, on 07/08/2026 (Gov. Msg. No. 1314). (July 9, 2026).
- Who sponsored SB2060?
- Stanley Chang (D, 9), with 4 co-sponsors.
- Where is the official record for SB2060?
- On the Hawaii Legislature website: https://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=SB&billnumber=2060&year=2026
Source: official Hawaii record. Tracked by Delilah, AI for legislation across all 50 states and Congress.