SB 764 Hawaii Senate · 2023 Regular Session

RELATING TO AFFORDABLE HOUSING.

Summary

Allows a bank to invest, in aggregate, up to fifteen per cent of the bank's capital and surplus in limited partnerships, limited liability partnerships, limited liability companies, and corporations formed to invest in affordable housing residential properties without the prior approval of the Commissioner of Financial Institutions or an after-the-fact notice. Authorizes an eligible bank to make an investment exceeding fifteen per cent, but not exceeding twenty per cent, of the bank's capital and surplus without prior notification to, or approval by, the Commissioner if the eligible bank submits an after-the-fact notice. (CD1)

Bill status signed all 5 stages cleared

Introduction

Jan 2023

Committee Review

Apr 2023

Senate Passage

May 2023

House Passage

May 2023

Signed into Law

Jun 2023

Introduced Jan 20, 2023 Signed Jun 21, 2023

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

May 2, 2023

Lower · Passed

Passed Final Reading as amended in CD 1 with none voting aye with reservations; Representative(s) Hussey-Burdick, Kapela, Perruso voting no (3) and Representative(s) Quinlan excused (1).

lower

May 2, 2023

Upper · Passed

Passed Final Reading, as amended (CD 1). Ayes, 24; Aye(s) with reservations: Senator(s) Fevella. Noes, 1 (Senator(s) Awa). Excused, 0 (none).

upper

Apr 28, 2023

Lower · Passed

Reported from Conference Committee (Conf Com. Rep. No. 100) as amended in (CD 1).

lower

Apr 28, 2023

Introduced

48 Hrs. Notice (as amended CD 1) 05-02-23.

upper

Apr 28, 2023

Upper · Passed

Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 100).

upper

Apr 27, 2023

Lower · Passed

The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 4 Ayes: Representative(s) Hashimoto, Yamashita, Aiu, Matsumoto; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Nakashima.

lower

Apr 27, 2023

Upper · Passed

The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 3 Aye(s): Senator(s) Chang, Keohokalole, Aquino; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Apr 26, 2023

Upper · Passed

Conference committee meeting to reconvene on 04-27-23 10:35AM; Conference Room 224.

upper

Apr 25, 2023

Upper · Passed

Conference committee meeting to reconvene on 04-26-23 10:35AM; Conference Room 224.

upper

Apr 24, 2023

Upper · Passed

Conference committee meeting scheduled for 04-25-23 10:45AM; Conference Room 224.

upper

Apr 13, 2023

Amended

Senate disagrees with House amendments.

upper

Apr 13, 2023

Introduced

Received from House (Hse. Com. No. 750).

upper

Apr 11, 2023

Lower · Passed

Passed Third Reading as amended in HD 3 with none voting aye with reservations; Representative(s) Kapela, Perruso voting no (2) and Representative(s) Todd excused (1). Transmitted to Senate.

lower

Apr 4, 2023

Lower · Passed

The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 14 Ayes: Representative(s) Yamashita, Kitagawa, Aiu, Chun, Cochran, Garrett, Kahaloa, Kila, Kobayashi, Lamosao, Morikawa, Poepoe, Takenouchi, Alcos; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Nishimoto, Ward.

lower

Mar 24, 2023

Committee

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

lower

Mar 24, 2023

Committee

Reported from CPC (Stand. Com. Rep. No. 1534) as amended in HD 2, recommending referral to FIN.

lower

Mar 21, 2023

Lower · Passed

The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 11 Ayes: Representative(s) Nakashima, Sayama, Amato, Belatti, Hashem, Hussey-Burdick, Gates, Lowen, Onishi, Tam, Pierick; Ayes with reservations: none; Noes: none; and Excused: none.

lower

Mar 17, 2023

Committee

Reported from HSG (Stand. Com. Rep. No. 1319) as amended in HD 1, recommending passage on Second Reading and referral to CPC.

lower

Mar 15, 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, Evslin, Kitagawa, Marten, Onishi, Todd, Matsumoto; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Kila.

lower

Mar 9, 2023

Committee

Referred to HSG, CPC, FIN, referral sheet 17

lower

Mar 7, 2023

Introduced

Received from Senate (Sen. Com. No. 259) in amended form (SD 1).

lower

Mar 7, 2023

Upper · Passed

Report Adopted; Passed Third Reading, as amended (SD 1). Ayes, 23; Aye(s) with reservations: Senator(s) Fevella. Noes, 1 (Senator(s) Awa). Excused, 1 (Senator(s) Fukunaga). Transmitted to House.

upper

Feb 21, 2023

Upper · Passed

The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 3 Aye(s): Senator(s) Keohokalole, Fukunaga, Richards; Aye(s) with reservations: none ; 1 No(es): Senator(s) Awa; and 1 Excused: Senator(s) McKelvey.

upper

Feb 17, 2023

Upper · Passed

The committee(s) on CPN will hold a public decision making on 02-21-23 10:00AM; Conference Room 229 & Videoconference.

upper

Feb 13, 2023

Committee

Reported from HOU (Stand. Com. Rep. No. 180) with recommendation of passage on Second Reading and referral to CPN.

upper

Jan 31, 2023

Upper · Passed

The committee(s) on HOU recommend(s) that the measure be PASSED, UNAMENDED. The votes in HOU were as follows: 4 Aye(s): Senator(s) Chang, Kanuha, Aquino, Rhoads; Aye(s) with reservations: none ; 1 No(es): Senator(s) Awa; and 0 Excused: none.

upper

Jan 27, 2023

Upper · Passed

The committee(s) on HOU has scheduled a public hearing on 01-31-23 1:00PM; Conference Room 225 & Videoconference.

upper

Jan 25, 2023

Committee

Referred to HOU, CPN.

upper

Jan 20, 2023

Introduced

Introduced.

upper

1 primary · 0 co-sponsors