Hawaii bills · 2026 Regular Session
Hawaii HB 1048
RELATING TO INSTALLMENT LOANS.
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- NAKAMURA (Democratic)
Summary
Official abstract published by the Hawaii legislature· description
Replaces the term "consumer loan" with the defined term "installment loan" for consistency throughout the installment loan chapter. Clarifies who is subject to the installment loan chapter. Requires loan maintenance fees to be prorated daily. Allows lenders to charge a convenience fee of up to $5 for debit card payments. Requires paper receipts only for in-person or cash payments and removes consumer names from receipts. Repeals the requirement for lenders to wait three days after a consumer fully repays a loan before issuing a new installment loan. Sunsets 6/30/2028. Effective 7/1/3000. (HD1)
Text versions
Roll-call votes
State vote data last updated Oct 16, 2026, 4:38 PM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| Feb 4, 2025 House | The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. | pass | Set your home in Hawaii to see |
Actions
- Jan 21, 2025 · House
Pending introduction. - Jan 23, 2025 · House
Introduced and Pass First Reading. - Jan 23, 2025 · House
Referred to CPC, FIN, referral sheet 3 - Jan 31, 2025 · House
Bill scheduled to be heard by CPC on Tuesday, 02-04-25 2:00PM in House conference room 329 VIA VIDEOCONFERENCE. - Feb 4, 2025 · House
The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Matayoshi, Chun, Ilagan, Ichiyama, Iwamoto, Marten, Tam, Pierick; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Kong, Lowen. - Feb 11, 2025 · House
Reported from CPC (Stand. Com. Rep. No. 426) as amended in HD 1, recommending passage on Second Reading and referral to FIN. - Feb 11, 2025 · House
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) Cochran, Ward excused (2). - Dec 8, 2025 · Legislature
Carried over to 2026 Regular Session.