Hawaii · 2026 Regular Session · Bill
SB 2553: RELATING TO THE HOUSING LOAN AND MORTGAGE PROGRAM.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 2553 is a bill introduced in the Hawaii Senate on January 23, 2026. According to its official title, it concerns: RELATING TO THE HOUSING LOAN AND MORTGAGE PROGRAM. Primary sponsor: Troy Hashimoto (Democratic), Stanley Chang (Democratic), Karl Rhoads (Democratic). Most recent recorded action (February 19, 2026): Reported from HOU (Stand. Com. Rep. No. 2403) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
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.
Increases the Hula Mae Multifamily Revenue Bond authorization ceiling amount to continue financing affordable rental housing statewide. Requires the Hawaii Housing Finance and Development Corporation to report to the Legislature on its plan to meet statewide housing demand at the sixty to one hundred forty per cent area median income levels. Effective 7/1/2050. (SD1)
Sponsors
Sponsors by party (alphabetical): Democratic 3
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Troy Hashimoto | Primary sponsor | Democratic | Senate | 5 |
| Stanley Chang | Primary sponsor | Democratic | Senate | 9 |
| Karl Rhoads | Primary sponsor | Democratic | Senate | 13 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Reported from HOU (Stand. Com. Rep. No. 2403) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
- Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
- 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.
- The committee(s) on HOU deferred the measure until 02-10-26 1:00PM; Conference Room 225 & Videoconference.
- The committee(s) on HOU has scheduled a public hearing on 02-05-26 1:01PM; Conference Room 225 & Videoconference.
- Referred to HOU, WAM.
- Introduced.
- Passed First Reading.