RELATING TO FORECLOSURES.
Summary
Prohibits sellers of foreclosed homes from bundling properties at a public sale and requires each foreclosed home to be sold separately. Specifies that the sale of a foreclosed property is not final until either fifteen days after the public sale or forty-five days if an eligible bidder submits a subsequent bid or written notice of intent to submit a subsequent bid. Effective 7/1/3000. (HD1)
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2025
Committee Review
Feb 2025
House Passage
Feb 2025
Senate Passage
Governor
Introduced Jan 17, 2025
Last action Dec 8, 2025
Maddy AI version diff · 1 comparison
What changed between versions
HB467
→
HB467_HD1
·
3 edits
MINOR
The bill was revised to update metadata, correct formatting errors, and adjust the effective date to July 1, 3000. Substantively, the bill prohibits bundling foreclosed properties for public sale and requires each property to be bid on separately to prevent inflated sale prices. It also extends the window for eligible bidders to match or beat the best public sale bid from 15 days to 45 days.
Scope change
The bill's scope regarding foreclosure procedures remains the same, but the effective date was moved to a future date (July 1, 3000) to allow time for implementation or as a placeholder.
TIMELINE
The effective date of the Act was changed from immediate approval to July 1, 3000.
REQUIREMENT
The time allowed for eligible bidders to match or beat the best public sale bid was increased from 15 days to 45 days.
TECHNICAL
Various metadata fields, such as bill identifiers, dates, and formatting codes, were updated or corrected.
Floor votes
How they voted
This bill passed the House by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
12
Key actions
3
Committee
5
Feb 13, 2025
Lower · Passed
Report adopted; referred to the committee(s) on JHA with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Kitagawa, Ward excused (3).
lower
Feb 13, 2025
Committee
Reported from CPC (Stand. Com. Rep. No. 554), recommending referral to JHA.
lower
Feb 11, 2025
Lower · Passed
The committee on CPC recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 10 Ayes: Representative(s) Matayoshi, Chun, Ilagan, Ichiyama, Iwamoto, Kong, Lowen, Marten, Tam, Pierick; Ayes with reservations: none; Noes: none; and Excused: none.
lower
Feb 6, 2025
Committee
Reported from HSG (Stand. Com. Rep. No. 212) as amended in HD 1, recommending passage on Second Reading and referral to CPC.
lower
Jan 31, 2025
Lower · Passed
The committee on HSG recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Evslin, Miyake, Grandinetti, Kila, La Chica, Muraoka, Pierick; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Cochran, Kitagawa.
lower
Jan 21, 2025
Committee
Referred to HSG, CPC, JHA, referral sheet 2
lower
Jan 21, 2025
Introduced
Introduced and Pass First Reading.
lower
Jan 17, 2025
Introduced
Pending introduction.
lower
9 primary · 1 co-sponsor
Sponsors
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