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HI HB2478

Bill

Status

Engrossed

3/6/2026

Primary Sponsor

Luke Evslin

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Authorizes each Hawaii county to implement housing infrastructure growth bonds pursuant to Article VII, Section 12 of the state constitution
  • Amends county debt limit statutes to include housing infrastructure growth bonds in definitions and reporting requirements alongside general obligation bonds, revenue bonds, and special purpose revenue bonds
  • Requires county finance directors to itemize housing infrastructure growth bonds in annual debt summaries and supplemental determinations when issuing new bonds
  • Allows counties to exclude housing infrastructure growth bonds from funded debt calculations under specific constitutional clauses when determining debt limits
  • Effective July 1, 3000, contingent upon ratification of a constitutional amendment authorizing counties to issue housing infrastructure growth bonds and excluding them from county funded debt determinations

Legislative Description

Relating To Bonds.

Counties

Last Action

Referred to EIG, WAM.

3/10/2026

Committee Referrals

Energy and Intergovernmental Affairs3/10/2026
Finance2/17/2026
Housing2/2/2026

Full Bill Text

No bill text available