Hawaii · 2025 Regular Session · Bill
SB 1367: RELATING TO INSTALLMENT LOANS.
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 1367 is a bill introduced in the Hawaii Senate on January 21, 2025. According to its official title, it concerns: RELATING TO INSTALLMENT LOANS. Primary sponsor: Ron Kouchi (Democratic). Most recent recorded action (May 29, 2025): Act 116, 05/29/2025 (Gov. Msg. No. 1216).
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Clarifies chapter 480J, HRS, regulating installment lenders. Replaces the term "consumer loan" with the defined term "installment loan" for consistency throughout the installment loan chapter. Requires loan maintenance fees to be prorated daily. Allows lenders to charge a convenience fee. Requires paper receipts only for in-person or cash payments and removes consumer names from receipts. Repeals the requirement for lenders to wait three days after a consumer fully repays a loan before issuing a new installment loan. Sunsets 6/30/2030. (CD1)
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Ron Kouchi | Primary sponsor | Democratic | Senate | 8 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Act 116, 05/29/2025 (Gov. Msg. No. 1216).
- Act 116, on 05/29/2025 (Gov. Msg. No. 1216).
- Received notice of passage on Final Reading in House (Hse. Com. No. 821).
- Enrolled to Governor.
- Received notice of Final Reading (Sen. Com. No. 888).
- Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.
- Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Pierick excused (2).
- The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 2 Aye(s): Senator(s) Fukunaga, Richards; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa.
- The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 3 Ayes: Representative(s) Matayoshi, Takenouchi, Pierick; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.
- Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 148).
- 48 Hrs. Notice (as amended CD 1) 04-30-25.
- Reported from Conference Committee (Conf Com. Rep. No. 148) as amended in (CD 1).
Showing 12 most recent of 40 actions. Full history