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Bill

HB 286

RELATING TO THE INDIVIDUAL HOUSING ACCOUNT PROGRAM.

2025 Regular Session Introduced by David Alcos and 7 co-sponsors

HB 286 establishes or modifies Hawaii's Individual Housing Account Program to address housing affordability; currently in conference committee resolving House-Senate disagreements.

Conference committee meeting to reconvene on 04-25-25 3:30 PM; Conference Room 016.
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Bill Summary · HB 286

Legislative bill overview

HB 286 relates to Hawaii's Individual Housing Account Program, though the specific provisions are not detailed in the available legislative history. The bill is currently in conference committee reconciliation between the House and Senate versions, indicating disagreements between chambers on key provisions that require negotiation.

Why is this important

Hawaii faces a severe housing affordability crisis, making any legislation addressing individual housing accounts potentially significant for residents seeking homeownership assistance or affordable housing solutions. The bill's progression to conference committee suggests both chambers view it as a priority, but fundamental differences remain on how to structure or fund the program.

Potential points of contention

  • Program scope and eligibility: Disagreement likely exists over who qualifies for individual housing accounts and what income or residency requirements apply
  • Funding mechanisms: The House and Senate versions may differ on appropriation amounts, revenue sources, or whether the program is self-sustaining versus taxpayer-funded
  • Account structure and uses: Potential dispute over what eligible uses exist (down payments, renovations, rental assistance) and withdrawal restrictions

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

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