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Bill

HB 2404

RELATING TO COOPERATIVE ASSOCIATIONS.

2026 Regular Session Introduced by Terez Amato and 9 co-sponsors

Hawaii bill HB 2404 modifies cooperative association regulations; committee approved with amendments affecting member-owned business entities statewide.

The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Matayoshi, Grandinetti, Chun, Ilagan, Iwamoto, Kong, Marten, Tam, Pierick; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Ichiyama, Lowen.
#agriculturalcooperatives #consumercooperativeassociations #cooperatives #generalcooperativeassociationsact
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Bill Summary · HB 2404

Legislative bill overview

HB 2404 modifies Hawaii's legal framework governing cooperative associations, though the specific amendments are not detailed in the provided action history. The bill received committee approval with amendments on February 18, 2026, after being referred to the Committee on Consumer Protection and Commerce (CPC) and Judiciary and Hawaiian Affairs (JHA).

Why is this important

Cooperative associations serve thousands of Hawaii residents through credit unions, agricultural cooperatives, worker cooperatives, and housing cooperatives. Changes to their regulatory framework can affect member protections, operational flexibility, and the viability of these community-based organizations across the state.

Potential points of contention

  • The specific nature of the amendments approved by the CPC committee is not publicly detailed in the available record, making it difficult to identify which stakeholders may object
  • Cooperative associations include diverse membership models (agricultural, financial, housing), so broad legislative changes may benefit some sectors while creating compliance burdens for others
  • The referral to both CPC and JHA suggests potential implications for consumer protection, business operations, and possibly Hawaiian community interests that may have competing priorities

Compiled from official sources — confirm details with the bill’s official record.

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