SB 744 SD1

Hawaii Senate bill in Session 2026.

Status: in_committee. Latest action: March 4, 2025.

DBEDT; Hawaii Green Infrastructure Authority; Condominium Associations; Condominium Loan Program; Condominium Loan Loss Reserves Program; Condominium Loan Revolving Fund; Reports; Appropriations.

Bill ID HI-2026-SB-744

Session 2026

Status in_committee

Committee CPC, FIN

Senate in_committee 2025-03-04

Infrastructure / Utilities Tax / Budget / Appropriations

Summary

Establishes within the Hawaii Green Infrastructure Authority the Condominium Loan Program to provide qualified condominium associations with low-cost financing or refinancing on previously obtained loans for maintenance and essential repairs. Establishes the Condominium Loan Loss Reserves Program to incentivize lenders into providing loans at competitive rates and terms for the purpose of allowing condominium associations to make necessary maintenance or repairs. Requires annual reports to the Legislature. Appropriates funds into and out of the Condominium Loan Revolving Fund. Effective 7/1/2050. (SD1)

Sponsor

Donovan M. Dela Cruz

Official Source Back to Bills

Actions Timeline

Date	Event	Detail
0000-00-00	Introduced	Bill introduced
2025-03-04	Status	in_committee
2025-03-04	Latest Action	Referred to CPC, FIN, referral sheet 18

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