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Hawai'i State Legislature

Ka 'Aha'ōlelo Moku'āina 'O Hawai'i

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Measure details
Measure Title: RELATING TO ECONOMIC DEVELOPMENT.
Report Title: DBEDT; Micro-Lending; Credit Enhancement; Loan Loss Reserve; Small Businesses; Special Fund; Reports; Appropriation ($)
Description: Establishes the Hawaii Micro-Lending Credit Enhancement Program within the Department of Business, Economic Development, and Tourism to expand micro-lending capacity by providing state‑funded loan loss reserves or other credit enhancement that absorbs first losses on qualified micro-loans made by participating lenders to Hawaii small businesses. Allows borrower fees and state matching contributions to capitalize lender-held loan loss reserve accounts. Establishes the Hawaii Micro-Lending Credit Enhancement Special Fund. Requires reports to the Legislature. Appropriates funds.
Companion:  HB2583
Package: None
Current Referral: EDT, WAM/CPN
Introducer(s): KEOHOKALOLE
Act:

Measure Status History

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DateChamberStatus Text
2/2/2026SReferred to EDT, WAM/CPN.
1/28/2026SPassed First Reading.
1/28/2026SIntroduced.

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