Measure Title: RELATING TO REAL PROPERTY.
Report Title: LRB; Foreign Individuals or Entities; Purchase of Real Property; Prohibition; Study; Report; Expenditure Ceiling; Appropriation ($)
Description: Requires the Legislative Reference Bureau to conduct a study and report on the forty-one states in the country that have enacted laws limiting the sale of real property to foreign individuals or entities, and how those laws and related constitutional precedents could inform demand-side regulations for the real estate market in Hawaii in favor of resident ownership, specifically owner-occupied resident ownership. Makes an appropriation. Declares that the general fund expenditure ceiling is exceeded. Takes effect 7/1/2040. (SD1)
Companion:  HB2542
Package: None
Current Referral: WAL/CPC, FIN
Introducer(s): AWA, KEOHOKALOLE, MCKELVEY
Act:

Sort by Date Status Text
3/7/2024HReferred to WAL/CPC, FIN, referral sheet 16
3/7/2024HPass First Reading
3/5/2024HReceived from Senate (Sen. Com. No. 161) in amended form (SD 1).
3/5/2024SReport adopted; Passed Third Reading. Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
3/1/2024SOne Day Notice 03-05-24.
3/1/2024SReported from WAM/JDC (Stand. Com. Rep. No. 3005) with recommendation of passage on Third Reading.
3/1/2024SThe committee(s) on JDC recommend(s) that the measure be PASSED, UNAMENDED. The votes in JDC were as follows: 5 Aye(s): Senator(s) Rhoads, Gabbard, Elefante, San Buenaventura, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
3/1/2024SThe committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 11 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, DeCoite, Hashimoto, Inouye, Kidani, Kim, Lee, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Kanuha, Shimabukuro.
2/29/2024SThe committee(s) on WAM/JDC will hold a public decision making on 03-01-24 10:31AM; CR 211 & Videoconference.
2/29/2024SPublic notice requirement waived pursuant to Senate Rule 21.
2/16/2024SReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM/JDC.
2/16/2024SReported from CPN/TCA (Stand. Com. Rep. No. 2639) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM/JDC.
2/13/2024SThe committee(s) on TCA recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in TCA were as follows: 4 Aye(s): Senator(s) Lee, Inouye, Elefante, Kanuha; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Awa.
2/9/2024SThe committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, McKelvey, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Richards.
2/6/2024SThe committee(s) on TCA deferred the measure until 02-13-24 3:00PM; CR 224.
2/6/2024SThe committee(s) on CPN deferred the measure until 02-09-24 9:46AM; CR 229.
2/2/2024SThe committee(s) on CPN/TCA has scheduled a public hearing on 02-06-24 3:00PM; Conference Room 224 & Videoconference.
1/24/2024SReferred to CPN/TCA, WAM/JDC.
1/22/2024SPassed First Reading.
1/19/2024SIntroduced.

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

Some of the above items require Adobe Acrobat Reader. Please visit Adobe's download page for detailed instructions.


SB2617 SD1
All Versions of this Measure
SB2617_SD1 Pdf File
SB2617 Pdf File
Committee Reports
SB2617_SD1_SSCR2639_ Pdf File
SB2617_SD1_SSCR3005_ Pdf File
Testimony
SB2617_TESTIMONY_TCA-CPN_02-06-24_
SB2617_SD1_TESTIMONY_WAM-JDC_03-01-24_
Hearing Notices
CPN/TCA
2/06/24 3:00P
CR 224 & Videoconference
CPN
2/09/24 9:46A
CR 229
TCA
2/13/24 3:00P
CR 224
WAM/JDC
3/01/24 10:31A
CR 211 & Videoconference