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Bill

SB 24

RELATING TO LIMITED-PROFIT HOUSING ASSOCIATIONS.

2025 Regular Session Introduced by Stanley Chang and 2 co-sponsors

I don't have access to the full text of SB 24 to provide you with a detailed analysis. The legislative tracking information you've provided shows that the bill has passed prelim...

Reported from HOU/CPN (Stand. Com. Rep. No. 92) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM/JDC.
#housing #limited-profithousingassociations #limited-profithousingcouncil #qualifiedresidents
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WeVote Research Nonpartisan
Bill Summary · SB 24

I don't have access to the full text of SB 24 to provide you with a detailed analysis. The legislative tracking information you've provided shows that the bill has passed preliminary committee votes in Hawaii's Housing (HOU) and Consumer Protection (CPN) committees with amendments, and is currently referred to the Ways and Means/Judiciary Committee.

To give you the balanced analysis you requested, I would need:

  1. The actual bill text - What specific provisions does it contain regarding limited-profit housing associations?
  2. The amendments made (SD 1) - What changes were incorporated in the second draft?
  3. The bill's stated purpose - What problem is it designed to address?

What I can tell you: Limited-profit housing associations in Hawaii typically relate to affordable housing development and management. Bills in this area usually address:
- Eligibility requirements and regulations for nonprofits
- Financing mechanisms or tax treatment
- Affordability requirements and duration
- Governance structures

If you can provide the bill text or a summary of its specific provisions, I'll deliver the full analysis in your requested format with a balanced overview of potential impacts and points of contention.

Would you like to share those details?

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

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