---
type: "Bill"
title: "RELATING TO THE HAWAII COMMUNITY-BASED ECONOMIC DEVELOPMENT TECHNICAL AND FINANCIAL ASSISTANCE PROGRAM."
description: "Increases the maximum interest rate on Community-Based Economic Development loans to ten per cent. (CD1)"
jurisdiction: "us/states/hi"
legislature: "Hawaii Legislature"
session: "2024"
identifier: "HB 2369"
citation: "Hawaii HB 2369 (2024)"
classification: ["bill"]
subjects: ["Department of Business", "Economic Development", "Hawaiʻi Community-based Economic Development Technical and Financial Assistance Program", "Increase", "Interest Rates", "Loans", "and Tourism"]
status: "enacted"
primary_sponsors: ["SAIKI"]
version_count: 4
action_count: 46
vote_count: 6
first_action: "2024-01-22"
last_action: "2024-06-24"
source: "openstates"
source_identifier: "ocd-bill/b08a7372-3b28-4b41-8dde-35757233eea1"
source_url: "https://capitol.hawaii.gov/session/archives/measure_indiv_Archives.aspx?billtype=HB&billnumber=2369&year=2024"
source_hash: "9aa64550c1c5b3a02814676d4cf9b9a1226b85ab39c68625ccf81936b8f0c316"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-hi"]
---

# Hawaii HB 2369 (2024) — RELATING TO THE HAWAII COMMUNITY-BASED ECONOMIC DEVELOPMENT TECHNICAL AND FINANCIAL ASSISTANCE PROGRAM.

Increases the maximum interest rate on Community-Based Economic Development loans to ten per cent. (CD1)

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **HB2369** (committee substitute) — [source](https://capitol.hawaii.gov/sessions/session2024/bills/HB2369_.HTM)
2. **HB2369_CD1** (committee substitute) — [source](https://capitol.hawaii.gov/sessions/session2024/bills/HB2369_CD1_.HTM)
3. **HB2369_HD1** (committee substitute) — [source](https://capitol.hawaii.gov/sessions/session2024/bills/HB2369_HD1_.HTM)
4. **HB2369_SD1** (committee substitute) — [source](https://capitol.hawaii.gov/sessions/session2024/bills/HB2369_SD1_.HTM)

## Votes

- The committee(s) on EET recommend(s) that the measure be PASSED, WITH AMENDMENTS. — **3–0** (pass) · upper
- The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. — **12–0** (pass) · upper
- The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. — **3–0** (pass) · upper
- The Conference Committee recommends that the measure be Passed, with Amendments. — **4–0** (pass) · lower
- The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. — **7–0** (pass) · lower
- The committee on FIN recommend that the measure be PASSED, UNAMENDED. — **12–2** (pass) · lower

## Sponsors

- SAIKI — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2024-06-24** Act 068, 06/21/2024 (Gov. Msg. No. 1169). `became-law`
- **2024-06-24** Act 068, on 06/21/2024 (Gov. Msg. No. 1169). `became-law`
- **2024-05-02** Transmitted to Governor.
- **2024-05-03** Received notice of passage on Final Reading in House (Hse. Com. No. 830). `receipt`
- **2024-05-01** Received notice of Final Reading (Sen. Com. No. 798). `receipt`
- **2024-05-01** Passed Final Reading as amended in CD 1 with none voting aye with reservations; Representative(s) Alcos, Amato, Garcia voting no (3) and none excused (0). `passage`
- **2024-05-01** Passed Final Reading, as amended (CD 1). Ayes, 24; Aye(s) with reservations: none. Noes, 1 (Senator(s) Awa). Excused, 0 (none). `passage`
- **2024-04-25** 48 Hrs. Notice (as amended CD 1) 05-01-24
- **2024-04-25** Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 52-24).
- **2024-04-25** Forty-eight (48) hours notice Wednesday 05-01-24.
- **2024-04-25** Reported from Conference Committee (Conf Com. Rep. No. 52-24) as amended in (CD 1).
- **2024-04-24** The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 3 Aye(s): Senator(s) DeCoite, Kanuha, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. `committee-passage-favorable`
- **2024-04-24** The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 4 Ayes: Representative(s) Holt, Lamosao, Garrett, Kong; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Pierick.
- **2024-04-23** Conference committee meeting scheduled for 04-24-24 9:35AM; CR 325.
- **2024-04-18** Received notice of appointment of House conferees (Hse. Com. No. 760). `receipt`
- **2024-04-17** House Conferees Appointed: Holt, Lamosao Co-Chairs; Garrett, Kong, Pierick.
- **2024-04-15** Received notice of Senate conferees (Sen. Com. No. 677). `receipt`
- **2024-04-15** Senate Conferees Appointed: DeCoite Chair; Kanuha Co-Chair; Fevella.
- **2024-04-12** Received notice of disagreement (Hse. Com. No. 731). `receipt`
- **2024-04-11** House disagrees with Senate amendment (s). `amendment-failure`
- **2024-04-09** Returned from Senate (Sen. Com. No. 589) in amended form (SD 1).
- **2024-04-09** Report Adopted; Passed Third Reading. Ayes, 24; Aye(s) with reservations: none. Noes, 1 (Senator(s) Awa). Excused, 0 (none). Transmitted to House. `passage`
- **2024-04-05** One Day Notice 04-09-24.
- **2024-04-05** Reported from WAM (Stand. Com. Rep. No. 3790) with recommendation of passage on Third Reading.
- **2024-04-04** The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, Shimabukuro, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) DeCoite. `committee-passage-favorable`
- **2024-04-02** The committee(s) on WAM will hold a public decision making on 04-04-24 10:15AM; CR 211 & Videoconference.
- **2024-03-22** Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. `reading-2, referral-committee`
- **2024-03-22** Reported from EET (Stand. Com. Rep. No. 3243) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
- **2024-03-19** The committee(s) on EET recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EET were as follows: 3 Aye(s): Senator(s) DeCoite, Wakai, Kim; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Fukunaga, Fevella. `committee-passage-favorable`
- **2024-03-15** The committee(s) on EET has scheduled a public hearing on 03-19-24 1:15PM; Conference Room 229 & Videoconference.
- **2024-03-07** Referred to EET, WAM. `referral-committee`
- **2024-03-01** Passed First Reading. `reading-1`
- **2024-03-01** Received from House (Hse. Com. No. 46). `introduction, receipt`
- **2024-02-29** Passed Third Reading with none voting aye with reservations; Representative(s) Alcos, Garcia, Ward voting no (3) and Representative(s) Cochran, Holt excused (2). Transmitted to Senate. `passage`
- **2024-02-29** Reported from FIN (Stand. Com. Rep. No. 692-24), recommending passage on Third Reading.
- **2024-02-22** The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 12 Ayes: Representative(s) Yamashita, Kitagawa, Aiu, Chun, Garrett, Kahaloa, Kila, Kobayashi, Lamosao, Morikawa, Poepoe, Takenouchi; Ayes with reservations: none; 2 Noes: Representative(s) Alcos, Ward; and 2 Excused: Representative(s) Cochran, Nishimoto. `committee-passage-favorable`
- **2024-02-20** Bill scheduled to be heard by FIN on Thursday, 02-22-24 10:00AM in House conference room 308 VIA VIDEOCONFERENCE.
- **2024-02-12** Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; Representative(s) Garcia, Ward voting no (2) and Representative(s) Amato, Lowen, Nakashima, Quinlan, Todd excused (5). `reading-2, referral-committee`
- **2024-02-12** Reported from ECD (Stand. Com. Rep. No. 235-24) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
- **2024-02-07** The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Holt, Lamosao, Hussey-Burdick, Kong, Nakamura, Quinlan, Pierick; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) La Chica. `committee-passage-favorable`
- **2024-02-02** Bill scheduled for decision making on Wednesday, 02-07-24 10:30AM in conference room 423 VIA VIDEOCONFERENCE.
- **2024-02-02** The committee(s) on ECD recommend(s) that the measure be deferred. `deferral`
- **2024-01-30** Bill scheduled to be heard by ECD on Friday, 02-02-24 10:30AM in House conference room 423 VIA VIDEOCONFERENCE.
- **2024-01-26** Referred to ECD, FIN, referral sheet 3 `referral-committee`
- **2024-01-24** Introduced and Pass First Reading. `introduction, reading-1`
- **2024-01-22** Pending introduction.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/b08a7372-3b28-4b41-8dde-35757233eea1`. Confidence: reported (aggregated from official Hawaii legislature records).