Measure Title: RELATING TO HOUSING.
Report Title: Counties; Ordinance; Rental Unit Price Control; Income Tax Credit; Residential Landlords; Long-Term Lease
Description: 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)
Companion:
Package: None
Current Referral: HSG/ECD, CPC, FIN
Introducer(s): MCKELVEY
Act:

Sort by DateChamberStatus Text
3/6/2025HReferred to HSG/ECD, CPC, FIN, referral sheet 19
3/6/2025HPass First Reading
3/4/2025HReceived from Senate (Sen. Com. No. 263) in amended form (SD 2).
3/4/2025SReport adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
2/28/2025S48 Hrs. Notice 03-04-25.
2/28/2025SReported from CPN/WAM (Stand. Com. Rep. No. 894) with recommendation of passage on Third Reading, as amended (SD 2).
2/26/2025SThe 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.
2/26/2025SThe 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.
2/20/2025SThe committee(s) on CPN/WAM will hold a public decision making on 02-26-25 10:00AM; Conference Room 211 & Videoconference.
2/14/2025SReport adopted; Passed Second Reading, as amended (SD 1) and referred to CPN/WAM.
2/14/2025SReported from HOU (Stand. Com. Rep. No. 562) with recommendation of passage on Second Reading, as amended (SD 1) and referral to CPN/WAM.
2/5/2025SThe committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 3 Aye(s): Senator(s) Chang, Hashimoto, Kanuha; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Aquino, Fevella.
2/3/2025SThe committee(s) on HOU has scheduled a public hearing on 02-06-25 1:05PM; Conference Room 225 & Videoconference.
1/31/2025SRe-Referred to HOU, CPN/WAM.
1/23/2025SReferred to HOU/EIG, CPN/WAM.
1/21/2025SPassed First Reading.
1/17/2025SIntroduced.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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SB1133 SD2

All Versions of this Measure

SB1133_SD2 Link to SB1133_SD2 .PDF file
SB1133_SD1 Link to SB1133_SD1 .PDF file
SB1133 Link to SB1133 .PDF file

Committee Reports

SB1133_SD1_SSCR562_ Link to committee report SB1133_SD1_SSCR562_ .PDF file
SB1133_SD2_SSCR894_ Link to committee report SB1133_SD2_SSCR894_ .PDF file

Testimony

SB1133_TESTIMONY_HOU_02-06-25_
SB1133_SD1_TESTIMONY_WAM-CPN_02-26-25_

Hearing Notices

HOU
2/06/25 1:05P
CR 225 & Videoconference
CPN/WAM
2/26/25 10:00A
CR 211 & Videoconference