THE SENATE S.B. NO. 165 THIRTY-THIRD LEGISLATURE, 2025 STATE OF HAWAII A BILL FOR AN ACT relating to housing. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
THE SENATE S.B. NO. 165
THIRTY-THIRD LEGISLATURE, 2025
STATE OF HAWAII
THE SENATE
S.B. NO.
165
THIRTY-THIRD LEGISLATURE, 2025
STATE OF HAWAII
A BILL FOR AN ACT
relating to housing.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 201H-1, Hawaii Revised Statutes, is amended by amending the definition of "qualified nonprofit housing trust" to read as follows: ""Qualified nonprofit housing trust" means a corporation, association, or other duly chartered organization that [is]: (1) Is registered and in good standing with the State; [is] (2) Is recognized by the Internal Revenue Service as a charitable or otherwise tax-exempt organization under section 501(c)(3) of the Internal Revenue Code of 1986, as amended; [and has] (3) Has the capacity, resources, and mission to carry out the purposes of this chapter as determined by the corporation[.]; and (4) Exclusively serves qualified residents as defined in section 201H-32." SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored. SECTION 3. This Act shall take effect upon its approval. INTRODUCED BY: _____________________________
SECTION 1. Section 201H-1, Hawaii Revised Statutes, is amended by amending the definition of "qualified nonprofit housing trust" to read as follows:
""Qualified nonprofit housing trust" means a corporation, association, or other duly chartered organization that [is]:
(1) Is registered and in good standing with the State; [is]
(2) Is recognized by the Internal Revenue Service as a charitable or otherwise tax-exempt organization under section 501(c)(3) of the Internal Revenue Code of 1986, as amended; [and has]
(3) Has the capacity, resources, and mission to carry out the purposes of this chapter as determined by the corporation[.]; and
(4) Exclusively serves qualified residents as defined in section 201H-32."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect upon its approval.
INTRODUCED BY: _____________________________
INTRODUCED BY:
_____________________________
Report Title: Housing; Qualified Nonprofit Housing Trusts; Qualified Residents Description: Clarifies the definition of "qualified nonprofit housing trust" to specify organizations that exclusively serve qualified residents as defined in section 201H-32, HRS. The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
Report Title:
Housing; Qualified Nonprofit Housing Trusts; Qualified Residents
Description:
Clarifies the definition of "qualified nonprofit housing trust" to specify organizations that exclusively serve qualified residents as defined in section 201H-32, HRS.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.