SB 2676 Hawaii Senate · 2026 Regular Session

RELATING TO HOUSING.

Summary
Authorizes the Hawaii Housing Finance and Development Corporation to approve and certify general excise tax exemptions, including for non-contracting costs, for certain housing development projects developed under county housing incentive programs. Makes conforming amendments. Sunsets 7/1/2031. Effective 7/1/2050. (SD1)
Bill status passed 3 of 5 stages cleared
Introduction
Jan 2026
Committee Review
Feb 2026
Senate Passage
Feb 2026
House Passage
Governor
Introduced Jan 23, 2026 Last action Feb 19, 2026
Maddy AI version diff · 1 comparison

What changed between versions

SB2676 SB2676_SD1 · 3 edits
MINOR
The bill was revised to change the effective date from July 1, 2026, to July 1, 2050, and updated the sunset provision to repeal the law on July 1, 2031. The text was also reformatted to match a new Senate draft template, including minor adjustments to punctuation and section numbering.
Scope change
The bill's applicability remains focused on housing incentives, but the timeline for when the law takes effect and expires has been significantly altered.
TIMELINE

The effective date for the bill was changed from July 1, 2026, to July 1, 2050.

The sunset provision was updated to repeal the Act on July 1, 2031, instead of the previous staggered dates.

TECHNICAL

Minor formatting changes were made to align the text with the 'SD Template,' including punctuation adjustments and renumbering of sections.

Floor votes

How they voted

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

Actions timeline

Total actions
8
Key actions
3
Committee
4
Feb 19, 2026
Upper · Passed
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
upper
Feb 19, 2026
Committee
Reported from HOU (Stand. Com. Rep. No. 2462) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
upper
Feb 10, 2026
Upper · Passed
The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 5 Aye(s): Senator(s) Chang, Hashimoto, Elefante, Rhoads, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
upper
Feb 2, 2026
Upper · Passed
The committee(s) on HOU has scheduled a public hearing on 02-05-26 1:01PM; Conference Room 225 & Videoconference.
upper
Jan 28, 2026
Committee
Referred to HOU, WAM.
upper
Jan 23, 2026
Introduced
Introduced.
upper
3 primary · 0 co-sponsors

Sponsors