State Seal
Hawaii State Legislature
2009 Regular Session
SB862 SD2

Measure Title:  RELATING TO HOUSING.
Report Title:  Affordable Housing; Shared Appreciation Equity
Description:  Enables the Hawaii housing finance and development corporation to more easily collect the value of shared appreciation equity and other restrictions when an affordable housing property is publicly sold through a foreclosure. Requires written notification of intent to foreclose on properties encumbered by such priority liens. (SD2)
Companion:  HB1044
Package:  Gov
Current Referral:  HSG, FIN
Introducer(s):  HANABUSA (BR)
Date Status Text
1/26/2009SIntroduced.
1/28/2009SPassed First Reading.
1/30/2009SReferred to EDH, WAM.
2/4/2009SThe committee(s) on EDH has scheduled a public hearing on 02-09-09 1:15pm in conference room 225.
2/9/2009SThe committee(s) on EDH recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EDH were as follows: 5 Aye(s): Senator(s) Sakamoto, Kidani, Chun Oakland, Galuteria, Hemmings; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Tsutsui.
2/18/2009SReported from EDH (Stand. Com. Rep. No. 113) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2/18/2009SReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2/23/2009SThe committee(s) on WAM will hold a public decision making on 02-25-09 9:00am in conference room 211.
2/25/2009SThe committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 8 Aye(s): Senator(s) Kim, Tsutsui, Chun Oakland, English, Galuteria, Hooser, Kokubun, Tokuda; Aye(s) with reservations: none ; 0 No(es): none; and 4 Excused: Senator(s) Fukunaga, Hee, Kidani, Hemmings.
3/6/2009SReported from WAM (Stand. Com. Rep. No. 665) with recommendation of passage on Third Reading, as amended (SD 2).
3/6/2009S48 Hrs. Notice 03-10-09.
3/10/2009SReport adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
3/10/2009HReceived from Senate (Sen. Com. No. 247) in amended form (SD 2).
3/12/2009HPass First Reading
3/12/2009HReferred to HSG, FIN, referral sheet 27
3/13/2009HBill scheduled to be heard by HSG on Wednesday, 03-18-09 9:30am in House conference room 325.
3/18/2009HThe committees on HSG recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 11 Ayes: Representative(s) Cabanilla, Chong, Chang, Coffman, Har, Ito, C. Lee, Luke, Morita, Sagum, Ching; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Herkes, Thielen.
3/23/2009HReported from HSG (Stand. Com. Rep. No. 1139), recommending passage on Second Reading and referral to FIN.
3/24/2009HPassed Second Reading and referred to the committee(s) on FIN with none voting no (0) and Takai excused (1).
3/30/2009HBill scheduled to be heard by FIN on Wednesday, 04-01-09 11:00AM in House conference room 308.
4/1/2009HThe committees on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 16 Ayes: Representative(s) M. Oshiro, M. Lee, Aquino, Awana, Brower, Choy, Coffman, Har, Keith-Agaran, C. Lee, Nishimoto, Sagum, Tokioka, Wooley, Yamashita, Ward; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Pine.
4/9/2009HReported from FIN (Stand. Com. Rep. No. 1625), recommending passage on Third Reading.
4/14/2009HPassed Third Reading with none voting no (0) and Morita, Takai excused (2). Transmitted to Senate.
4/16/2009SReceived from House (Hse. Com. No. 562).
4/16/2009SEnrolled to Governor.
4/30/2009HAct 038, on 4/30/2009 (Gov. Msg. No. 324).
4/30/2009SAct 038, 4/30/2009 (Gov. Msg. No. 651).

S = Senate
H = House
D = Data Systems
$ = Appropriation measure
ConAm = Constitutional Amendment

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This report was generated on Nov 23, 2009 at 3:16:41 PM
SB862 SD2