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---
type: "Bill"
title: "RELATING TO TRANSITIONAL AUTHORITY IN THE MORTGAGE INDUSTRY."
description: "Implements section 106 of the Economic Growth, Regulatory Relief, and Consumer Protection Act, P.L. 115-174, by providing a 120-day temporary authority to originate loans in this State for loan originators moving from a depository institution to a non-depository institution and state-licensed loan originators moving interstate. (HB988 CD1)"
jurisdiction: "us/states/hi"
legislature: "Hawaii Legislature"
session: "2019 Regular Session"
identifier: "HB 988"
citation: "Hawaii HB 988 (2019 Regular Session)"
classification: ["bill"]
subjects: ["Mortgage Loan Originators", "Transitional Authority", "SAFE Act"]
status: "enacted"
primary_sponsors: ["SAIKI (Introduced by request of another party)"]
version_count: 4
action_count: 45
vote_count: 6
first_action: "2019-01-22"
last_action: "2019-06-12"
source: "openstates"
source_identifier: "ocd-bill/a12e1277-25ff-4819-99f6-88366322a58d"
source_url: "http://capitol.hawaii.gov/Archives/measure_indiv_Archives8-12.aspx?billtype=HB&billnumber=988&year=2019"
source_hash: "acf34eafce75fdf2dfce618afb1328a953d3d1ae7e045ca78595f99f14aab119"
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 988 (2019 Regular Session) — RELATING TO TRANSITIONAL AUTHORITY IN THE MORTGAGE INDUSTRY.
Implements section 106 of the Economic Growth, Regulatory Relief, and Consumer Protection Act, P.L. 115-174, by providing a 120-day temporary authority to originate loans in this State for loan originators moving from a depository institution to a non-depository institution and state-licensed loan originators moving interstate. (HB988 CD1)
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **HB988** (committee substitute) — [source](https://www.capitol.hawaii.gov/session2019/bills/HB988_.HTM)
2. **HB988_CD1** (committee substitute) — [source](https://www.capitol.hawaii.gov/session2019/bills/HB988_CD1_.HTM)
3. **HB988_HD1** (committee substitute) — [source](https://www.capitol.hawaii.gov/session2019/bills/HB988_HD1_.HTM)
4. **HB988_SD1** (committee substitute) — [source](https://www.capitol.hawaii.gov/session2019/bills/HB988_SD1_.HTM)
## Votes
- The committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. — **70** (pass) · lower
- The committees on FIN recommend that the measure be PASSED, UNAMENDED. — **150** (pass) · lower
- The committee(s) on CPH recommend(s) that the measure be PASSED, WITH AMENDMENTS. — **60** (pass) · upper
- The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. — **30** (pass) · upper
- The Conference Committee recommends that the measure be Passed, with Amendments. — **30** (pass) · lower
- The committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. — **40** (pass) · upper
## Sponsors
- SAIKI (Introduced by request of another party) — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2019-01-22** Pending introduction.
- **2019-01-24** Introduced and Pass First Reading. `introduction, reading-1`
- **2019-01-28** Referred to CPC, FIN, referral sheet 6 `referral-committee`
- **2019-01-29** Bill scheduled to be heard by CPC on Friday, 02-01-19 2:00PM in House conference room 329.
- **2019-02-01** The committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Takumi, Ichiyama, Cachola, Har, Kong, Onishi, Matsumoto; Ayes with reservations: none; Noes: none; and 4 Excused: Representative(s) Aquino, Belatti, Cabanilla Arakawa, Mizuno. `committee-passage-favorable`
- **2019-02-12** Reported from CPC (Stand. Com. Rep. No. 261) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
- **2019-02-12** Deferred one day 02-13-19.
- **2019-02-13** Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Holt, McDermott, Nakamura, Ward excused (4). `reading-2, referral-committee`
- **2019-02-26** Bill scheduled to be heard by FIN on Thursday, 02-28-19 2:00PM in House conference room 308.
- **2019-02-28** The committees on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 15 Ayes: Representative(s) Luke, Cullen, Eli, Gates, Hashimoto, Holt, Kitagawa, B. Kobayashi, Matayoshi, Nakamura, Nishimoto, Todd, Wildberger, Yamashita, McDermott; Ayes with reservations: none; Noes: none; and Excused: none. `committee-passage-favorable`
- **2019-03-01** Reported from FIN (Stand. Com. Rep. No. 1253), recommending passage on Third Reading.
- **2019-03-05** Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cabanilla Arakawa, Quinlan excused (2). Transmitted to Senate. `passage`
- **2019-03-07** Received from House (Hse. Com. No. 433). `introduction`
- **2019-03-07** Passed First Reading. `reading-1`
- **2019-03-07** Referred to CPH, JDC. `referral-committee`
- **2019-03-08** The committee(s) on CPH has scheduled a public hearing on 03-12-19 9:00AM in conference room 229.
- **2019-03-12** The committee(s) on CPH recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPH were as follows: 6 Aye(s): Senator(s) Baker, S. Chang, J.Keohokalole, Nishihara, Ruderman, L. Thielen; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella. `committee-passage-favorable`
- **2019-03-21** Reported from CPH (Stand. Com. Rep. No. 1311) with recommendation of passage on Second Reading, as amended (SD 1) and referral to JDC.
- **2019-03-21** Report adopted; Passed Second Reading, as amended (SD 1) and referred to JDC.
- **2019-03-25** The committee(s) on JDC will hold a public decision making on 03-29-19 9:30AM in conference room 016.
- **2019-03-29** The committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in JDC were as follows: 4 Aye(s): Senator(s) K. Rhoads, Wakai, Gabbard, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Kim. `committee-passage-favorable`
- **2019-04-05** Reported from JDC (Stand. Com. Rep. No. 1946) with recommendation of passage on Third Reading, as amended (SD 2).
- **2019-04-05** 48 Hrs. Notice 04-09-19.
- **2019-04-09** Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House. `passage`
- **2019-04-09** Returned from Senate (Sen. Com. No. 807) in amended form (SD 2).
- **2019-04-11** House disagrees with Senate amendment (s).
- **2019-04-12** Received notice of disagreement (Hse. Com. No. 804).
- **2019-04-15** House Conferees Appointed: Takumi, Hashimoto Co-Chairs; Cachola, Matsumoto.
- **2019-04-15** Received notice of appointment of House conferees (Hse. Com. No. 808).
- **2019-04-18** Senate Conferees Appointed: Baker Chair; K. Rhoads Co-Chair; Fevella.
- **2019-04-18** Bill scheduled for Conference Committee Meeting on Monday, 04-22-19 2:30PM in conference room 229.
- **2019-04-18** Received notice of Senate conferees (Sen. Com. No. 917).
- **2019-04-22** The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 3 Ayes: Representative(s) Takumi, Hashimoto, Cachola; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Matsumoto.
- **2019-04-22** 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) Baker, K. Rhoads, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. `committee-passage-favorable`
- **2019-04-25** Reported from Conference Committee (Conf Com. Rep. No. 21) as amended in (CD 1).
- **2019-04-25** Forty-eight (48) hours notice Tuesday, 04-30-19.
- **2019-04-25** Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 21).
- **2019-04-25** 48 Hrs. Notice (as amended CD 1) 04-30-19.
- **2019-04-30** Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0).
- **2019-04-30** Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.
- **2019-05-01** Received notice of Final Reading (Sen. Com. No. 968).
- **2019-05-02** Received notice of passage on Final Reading in House (Hse. Com. No. 883).
- **2019-05-01** Transmitted to Governor.
- **2019-06-12** Act 074, on 06/07/2019 (Gov. Msg. No. 1175). `executive-signature`
- **2019-06-12** Act 074, 06/07/2019 (Gov. Msg. No. 1175). `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a12e1277-25ff-4819-99f6-88366322a58d`. Confidence: reported (aggregated from official Hawaii legislature records).