THE SENATE	S.B. NO.	2234
THIRTY-THIRD LEGISLATURE, 2026
STATE OF HAWAII

A BILL FOR AN ACT

relating to housing.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. Section 201H-1, Hawaii Revised Statutes, is amended by amending the definition of "qualified nonprofit housing trust" to read as follows:

""Qualified nonprofit housing trust" means a corporation, association, or other duly chartered organization that [is]:

(1) Is registered and in good standing with the State; [is]

(2) Is recognized by the Internal Revenue Service as a charitable or otherwise tax-exempt organization under section 501(c)(3) of the Internal Revenue Code of 1986, as amended; [and has]

(3) Has the capacity, resources, and mission to carry out the purposes of this chapter as determined by the corporation[.]; and

(4) Exclusively serves qualified residents as defined in section 201H-32."

SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.

SECTION 3. This Act shall take effect on July 1, 2050.

INTRODUCED BY:

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Report Title:

Housing; Qualified Nonprofit Housing Trusts; Qualified Residents

Description:

Clarifies the definition of "qualified nonprofit housing trust" in Chapter 201H, Hawaii Revised Statutes, to require qualifying organizations to exclusively serve qualified residents as defined in section 201H-32, Hawaii Revised Statutes. Effective 7/1/2050.

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.