Measure Title: RELATING TO HOUSING.
Report Title: HHFDC; Counties; Accessory Dwelling Units; Equity; Purchase; Voluntary Deed Restrictions
Description: Establishes the Accessory Dwelling Unit Financing and Deed Restriction Program to be administered by the Hawaii Housing Finance and Development Corporation to allocate funds to the counties for the purchase of equity for eligible homeowners or homebuyers to finance construction costs, development costs, and non-reoccurring closing costs associated with the construction of an accessory dwelling unit and purchase deed restrictions on such property. Exempts the conveyance tax for certain properties for taxable years beginning on 1/1/2026. Effective 7/1/2050. (SD1)
Companion:  HB740
Package: None
Current Referral: HOU, WAM
Introducer(s): CHANG
Act:

Sort by DateChamberStatus Text
2/12/2025SReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2/12/2025SReported from HOU (Stand. Com. Rep. No. 332) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2/4/2025SThe committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 4 Aye(s): Senator(s) Chang, Hashimoto, Kanuha, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Aquino.
1/30/2025SThe committee(s) on HOU deferred the measure until 02-04-25 1:00PM; CR 225.
1/27/2025SThe committee(s) on HOU has scheduled a public hearing on 01-30-25 1:10PM; Conference Room 225 & Videoconference.
1/27/2025SRe-Referred to HOU, WAM.
1/21/2025SReferred to HOU/EIG, WAM.
1/17/2025SPassed First Reading.
1/17/2025SIntroduced.

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

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SB491 SD1

All Versions of this Measure

SB491_SD1 Link to SB491_SD1 .PDF file
SB491 Link to SB491 .PDF file

Committee Reports

SB491_SD1_SSCR332_ Link to committee report SB491_SD1_SSCR332_ .PDF file

Testimony

SB491_TESTIMONY_HOU_01-30-25_

Hearing Notices

HOU
1/30/25 1:10P
CR 225 & Videoconference
HOU
2/04/25 1:00P
CR 225