SB 1133: RELATING TO HOUSING.

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Authorizes certain counties to establish a rental unit price ceiling ordinance that prohibits a landlord from increasing the rental price of a dwelling unit at a rate that exceeds the percentage calculated and published by the county based on changes in the applicable Consumer Price Index. Beginning 8/1/2025, requires certain counties to annually calculate and publish the maximum rate at which a landlord may increase the rental price of a dwelling unit during the immediately succeeding twelve-month period. Establishes a nonrefundable Long-Term Residential Lease Tax Credit for taxpayers who own and lease a dwelling unit located in a county that has adopted a rental unit price ceiling ordinance to a person as the person's principal residence in the State pursuant to a lease agreement of a term of one year or longer. Allows the tax credit to be carried forward for up to three taxable years. Applies to taxable years beginning after 12/31/2025. Effective 7/1/2050. (SD2)

Sponsors

Sponsors by party (alphabetical): Democratic 1

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

1. December 8, 2025Carried over to 2026 Regular Session.
2. March 6, 2025Pass First Reading
3. March 6, 2025Referred to HSG/ECD, CPC, FIN, referral sheet 19
4. March 4, 2025Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
5. March 4, 2025Received from Senate (Sen. Com. No. 263) in amended form (SD 2).
6. February 28, 2025Reported from CPN/WAM (Stand. Com. Rep. No. 894) with recommendation of passage on Third Reading, as amended (SD 2).
7. February 28, 202548 Hrs. Notice 03-04-25.
8. February 26, 2025The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 5 Aye(s): Senator(s) Keohokalole, Fukunaga, McKelvey, Richards, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
9. February 26, 2025The 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, Kidani, Kim, Lee, C., Wakai; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Aquino, Fevella.
10. February 20, 2025The committee(s) on CPN/WAM will hold a public decision making on 02-26-25 10:00AM; Conference Room 211 & Videoconference.
11. February 14, 2025Reported from HOU (Stand. Com. Rep. No. 562) with recommendation of passage on Second Reading, as amended (SD 1) and referral to CPN/WAM.
12. February 14, 2025Report adopted; Passed Second Reading, as amended (SD 1) and referred to CPN/WAM.

Showing 12 most recent of 18 actions. Full history