HB 1236 Hawaii House · 2023 Regular Session

RELATING TO AFFORDABLE HOUSING.

Summary

Allows a bank to invest, in aggregate, up to two per cent of the bank's total assets in limited partnerships, limited liability partnerships, limited liability companies, and corporations formed to invest in affordable housing residential properties. Requires approval from the commissioner of financial institutions to exceed this amount. Sunsets 6/30/2025. Effective 6/30/3000. (HD2)

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2023

Committee Review

Floor Vote

Governor

Introduced Jan 24, 2023 Last action Feb 17, 2023

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 17, 2023

Committee

Report adopted. referred to the committee(s) on FIN as amended in HD 2 with none voting aye with reservations; none voting no (0) and Representative(s) Marten excused (1).

lower

Feb 17, 2023

Committee

Reported from CPC (Stand. Com. Rep. No. 743) as amended in HD 2, recommending referral to FIN.

lower

Feb 15, 2023

Lower · Passed

The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 10 Ayes: Representative(s) Nakashima, Sayama, Amato, Belatti, Hashem, Hussey-Burdick, Lowen, Onishi, Tam, Pierick; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Gates.

lower

Feb 7, 2023

Committee

Reported from HSG (Stand. Com. Rep. No. 152) as amended in HD 1, recommending passage on Second Reading and referral to CPC.

lower

Feb 3, 2023

Lower · Passed

The committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Hashimoto, Aiu, Kila, Kitagawa, Marten, Todd, Matsumoto; Ayes with reservations: Representative(s) Onishi; Noes: none; and Excused: none.

lower

Jan 30, 2023

Committee

Referred to HSG, CPC, FIN, referral sheet 3

lower

Jan 25, 2023

Introduced

Introduced and Pass First Reading.

lower

Jan 24, 2023

Introduced

Pending introduction.

lower

6 primary · 0 co-sponsors