A bill to call condo owners “stakeholders” died one day past the deadline
A bill to call condo owners “stakeholders” died one day past the deadline
2026-09-10 · Hawaii · Legislation · Did not pass
The one 2026 condominium governance bill that got a working conference committee — it met three times — died because the fourth meeting was scheduled for the wrong day.1
SB 2433 (2026) touched HRS §§ 514B-71, 514B-72 and 514B-162.5 — the Condominium Education Trust Fund provisions.
The last action
“4/29/26: Conference Committee Meeting will reconvene on Thursday 04-30-26 3:15PM in conference room 224.”
April 29 was the final decking deadline for non-fiscal bills. The committee had convened on April 27, 28 and 29 and set April 30 to finish. No conference draft was filed.
Its record before that
Senate third reading 24–0 on March 6, 2026. House third reading as a second House draft on April 14. The Senate disagreed with the House amendments on April 16, which is what sent it to conference.
What it would have done, and what the House did to it
As introduced: require the Real Estate Commission to adopt rules recognising and defining condominium unit owners as stakeholders, and to involve owners in consultations and activities funded by the Condominium Education Trust Fund.
As narrowed by the House: expand the permitted uses of the fund to include educational resources for unit owners in condominium governance, and require the Commission to ensure owners’ interests are represented in fund-supported activities.
The word “stakeholder” was itself the fight. At the Commission’s February 27, 2026 meeting, industry testimony objected to the term; owner advocates testified that “stakeholder” is undefined in the HRS.2
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