Informing the Legislature that on June 24, 2026, the Governor signed the following bill into law: HB1711 HD1 SD2 CD1 (ACT 129).

This document is a formal notification from the Governor of Hawaii to the legislature confirming that Act 129 was signed into law on June 24, 2026. The law modifies existing housing statutes to allow for rental agreements where the sales price is set at the start of the lease and remains fixed for a period of up to ten years. During this time, tenants have the option to purchase their rental unit at that designated price, but they must exercise this right within the option period or forfeit their right to remain in the unit. The bill directly affects housing participants by altering the terms under which they can rent and potentially buy homes.