Foreclosure bills update

Senate versions of the bills have been heard by House Consumer Protection and Commerce committee. Decision-making was deferred one week.

Read HCUL's testimony:

SB 651 SD2

SB 652 SD2

RPT Exemption Bill Introduced in City Council

Bill 27 would place a cap on the real property tax exemption for credit unions, and other non-profit entities.

Read HCUL's testimony here.

GE Tax Exemption Repeal

HB 1270 HD1 provides for a repeal of many tax exemptions, and provides for an evaluation of all tax credits and exemptions.

Read HCUL's testimony here.

Foreclosure Bills - Update

HB1411 HD2 - Passed third reading in the House, now goes on to the Senate.

HB894 HD1 - Passed third reading in the House, now goes on to the Senate.

SB651 SD2 - Passed third reading in the Senate, now goes on to the House.

Read HCUL's testimony in opposition here:
HB 1411

HB 894

SB 651

Read HCUL's letter of concern to Senator David Ige here.

Foreclosure Moratorium

House Committee on Consumer Protection and Commerce just passed HB 894 with amendments. The bill now would impose a 5-month moratorium on nonjudicial foreclosures.

Read HCUL's testimony in opposition here.

HB 678

This bill would have required any business or agency to pay for credit monitoring services for 3 years following a security breach.

The bill was passed with amendments, and in its current version will only apply to government agencies.

Read HCUL's testimony here.

26th Legislature Opens

After months of uncertainty, the House of Representatives announced that Speaker of the House Calvin Say would retain his post. Further committee assignments are forthcoming.

The Senate opened with its new President, Senator Shan Tsutsui of Maui.

Read coverage from the Star Advertiser here.