RELATING TO THE HAWAIIAN HOMES COMMISSION ACT.
Summary
Amends the Hawaiian Homes Commission Act to require appraisals of improvements to identify the replacement cost or the leasehold market value. Grants authority to DHHL, to authorize second position loans on homestead leases by approved lenders. Requires DHHL to develop and implement a loan servicing manual, subject to commission approval, to standardize loan loss mitigation policies, procedures, and methods. Clarifies that DHHL shall not cancel a lease solely based on a loan default or delinquency unless all loan loss mitigation procedures are exhausted pursuant to the loan services manual. (SD1)
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2021
Committee Review
Floor Vote
Governor
Introduced Jan 22, 2021
Last action Dec 10, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
2
Committee
5
Feb 10, 2021
Committee
Report adopted; Passed Second Reading, as amended (SD 1) and referred to JDC.
upper
Feb 10, 2021
Committee
Reported from HWN (Stand. Com. Rep. No. 102) with recommendation of passage on Second Reading, as amended (SD 1) and referral to JDC.
upper
Feb 4, 2021
Upper · Passed
The committee(s) on HWN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HWN were as follows: 5 Aye(s): Senator(s) Shimabukuro, Keohokalole, Acasio, Ihara, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
upper
Feb 1, 2021
Upper · Passed
The committee(s) on HWN has scheduled a public hearing on 02-04-21 1:00PM in conference room Via Videoconference.
upper
Jan 29, 2021
Committee
Referred to HWN, JDC.
upper
Jan 22, 2021
Introduced
Introduced.
upper
3 primary · 5 co-sponsors
Sponsors
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