CONFERENCE COMMITTEE REP. NO. 234

Honolulu, Hawaii

, 2025

RE: H.B. No. 1409

H.D. 1

S.D. 1

C.D. 1

Honorable Nadine K. Nakamura

Speaker, House of Representatives

Thirty-Third State Legislature

Regular Session of 2025

State of Hawaii

Honorable Ronald D. Kouchi

President of the Senate

Thirty-Third State Legislature

Regular Session of 2025

State of Hawaii

Madam and Sir:

Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in H.B. No. 1409, H.D. 1, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO TRANSIT-ORIENTED DEVELOPMENT,"

having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.

The purpose of this Act is to:

(1) Amend the funding priorities of the Rental Housing Revolving Fund to incentivize development in areas that satisfy transit-supportive density requirements;

(2) Allocate a minimum percentage of the Rental Housing Revolving Fund for certain mixed-income rental housing projects;

(3) Require the Transit-Oriented Development Infrastructure Improvement District Board to consider the infrastructure needs of transit-supportive density requirements; and

(4) Require the strategic plan developed by the Hawaii Interagency Council for Transit-Oriented Development to delineate transit-oriented development areas for each county.

Your Committee on Conference has amended this measure by:

(1) Deleting language that would have amended the funding priorities of the Rental Housing Revolving Fund;

(2) Establishing a Mixed-Income Subaccount within the Rental Housing Revolving Fund to finance certain projects, including those located in transit-oriented developments, instead of allocating a minimum percentage of the Rental Housing Revolving Fund for certain mixed-income rental housing projects, and sunsetting the Subaccount on June 30, 2030;

(3) Changing the effective date to upon approval; and

(4) Making technical, nonsubstantive amendments for the purposes of clarity, consistency, and style.

As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of H.B. No. 1409, H.D. 1, S.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as H.B. No. 1409, H.D. 1, S.D. 1, C.D. 1.

Respectfully submitted on behalf of the managers:

ON THE PART OF THE SENATE

ON THE PART OF THE HOUSE

____________________________ STANLEY CHANG Chair	____________________________ LUKE A. EVSLIN Co-Chair
____________________________ LORRAINE R. INOUYE Co-Chair	____________________________ MARK J. HASHEM Co-Chair
____________________________ DRU KANUHA Co-Chair	____________________________ TYSON K. MIYAKE Co-Chair