SB 983 Hawaii Senate · 2026 Regular Session

RELATING TO SMALL BUSINESS LOANS.

Summary

Establishes the Hawaii Start-Up Business Loan Program within the Business Development and Support Division of the Department of Business, Economic Development, and Tourism. Establishes the Hawaii Start-Up Business Loan Program Special Fund. Requires DBEDT to submit annual reports to the Legislature. Establishes one full-time equivalent business loan officer position. Appropriates funds. Effective 7/1/2050. (SD1)

Tags: Small Business

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2025

Committee Review

Feb 2025

Senate Passage

Feb 2025

House Passage

Governor

Introduced Jan 17, 2025 Last action Dec 8, 2025

Maddy AI version diff · 1 comparison

What changed between versions

SB983 → SB983_SD1 · 4 edits

MODERATE

The bill was converted from a House bill to a Senate committee draft, updating metadata and formatting. The most significant substantive change is the effective date, which was moved from July 1, 2025, to July 1, 2050. Additionally, specific dollar amounts for funding and staffing were redacted, likely to be filled in during the legislative process.

TIMELINE

The effective date of the Act was changed from July 1, 2025, to July 1, 2050, delaying the program's start by nearly 25 years.

FISCAL

Specific dollar amounts for appropriations in Sections 3, 4, and 5 were removed and replaced with blank spaces, indicating these figures are pending final determination.

DEFINITION

The definition of the 'Program' was expanded to include the term 'loan program' for clarity.

TECHNICAL

The bill type was changed from 'SB' to 'SD' (Senate Draft), and various metadata fields regarding revision numbers and timestamps were updated.

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

Feb 14, 2025

Upper · Passed

The committee(s) on WAM will hold a public decision making on 02-19-25 10:02AM; Conference Room 211 & Videoconference.

upper

Feb 12, 2025

Upper · Passed

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

upper

Feb 12, 2025

Committee

Reported from EDT (Stand. Com. Rep. No. 390) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

upper

Jan 30, 2025

Upper · Passed

The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EDT were as follows: 3 Aye(s): Senator(s) DeCoite, Wakai, Kim; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Fukunaga, Awa.

upper

Jan 27, 2025

Upper · Passed

The committee(s) on EDT has scheduled a public hearing on 01-30-25 1:00PM; Conference Room 229 & Videoconference.

upper

Jan 23, 2025

Committee

Referred to EDT, WAM.

upper

Jan 17, 2025

Introduced

Introduced.

upper

1 primary · 0 co-sponsors