HB 1756 Hawaii House · 2026 Regular Session

RELATING TO THE INDIVIDUAL HOUSING ACCOUNT PROGRAM.

HB 1756 updates the Individual Housing Account Program statute to adjust how down-payment costs are calculated, ensuring the program reflects current housing market prices. This change directly affects individuals using the program to save for home purchases by aligning eligibility and contribution requirements with present-day housing costs. The bill modifies the statutory formula used to determine down-payment assistance amounts, removing outdated cost references to better serve participants. (3 sentences)

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2026

Committee Review

Mar 2026

House Passage

Mar 2026

Senate Passage

Governor

Introduced Jan 21, 2026 Last action Mar 10, 2026

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What changed between versions

HB1756 → HB1756_HD1 · 3 edits

MINOR

This bill updates the Individual Housing Account program to address rising housing costs by replacing specific dollar limits with blank fields for future legislative action. It also clarifies the definition of a 'first principal residence' to ensure the home is the taxpayer's only residence and extends the program's effective date to July 1, 3000.

Scope change

The bill's scope remains focused on the Individual Housing Account program, but the applicability of specific dollar thresholds is deferred until new values are set.

FISCAL

Removed specific dollar limits for annual contributions ($5,000/$10,000) and lifetime caps ($25,000/$200,000), replacing them with blank spaces to be filled in by future legislation.

ELIGIBILITY

Refined the definition of 'first principal residence' to explicitly require that the individual and their spouse have not owned any other residential property within the last five years before opening the account.

TIMELINE

Changed the effective date of the Act from its original approval date to July 1, 3000, while maintaining the rule that it applies to taxable years beginning after December 31, 2026.

Floor votes

How they voted

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

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 10, 2026

Committee

Referred to HOU, WAM.

upper

Mar 6, 2026

Introduced

Received from House (Hse. Com. No. 45).

upper

Mar 5, 2026

Lower · Passed

Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Perruso excused (1). Transmitted to Senate.

lower

Mar 2, 2026

Lower · Passed

The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 15 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Morikawa, Perruso, Templo, Yamashita, Gedeon, Reyes Oda; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Alcos.

lower

Feb 19, 2026

Committee

Reported from HSG (Stand. Com. Rep. No. 560-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

lower

Feb 18, 2026

Lower · Passed

The committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Evslin, Miyake, Cochran, Grandinetti, Kila, Kitagawa, La Chica, Muraoka, Pierick; Ayes with reservations: none; Noes: none; and Excused: none.

lower

Jan 26, 2026

Committee

Referred to HSG, FIN, referral sheet 1

lower

Jan 22, 2026

Introduced

Introduced and Pass First Reading.

lower

Jan 21, 2026

Introduced

Pending introduction.

lower

8 primary · 0 co-sponsors