RELATING TO THE ADEQUATE RESERVE FUND.
Sponsored By: Jackson D. Sayama (Democratic)
Passed Senate
Summary
Amends the definition of "adequate reserve fund" by increasing the multiplier used to calculate its amount from the existing factor of 1, to unspecified amounts for calendar year 2026 and for calendar year 2027 and thereafter. Requires the Department of Labor and Industrial Relations to conduct an actuarial study and report to the Legislature. Effective 7/1/2050. (SD2)
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Jackson D. Sayama
Democratic • House
Cosponsors
Mike Lee
Democratic • House
M.
Affiliation unavailable
Jenna Takenouchi
Democratic • House
Kyle T. Yamashita
Democratic • House
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Conference Committee Meeting will reconvene on Thursday 04-24-25 10:00AM in conference room 016.
4/23/2025HouseConference Committee Meeting will reconvene on Wednesday 04-23-25 10:00AM in conference room 016.
4/21/2025HouseBill scheduled for Conference Committee Meeting on Monday, 04-21-25 10:00AM in conference room 016.
4/17/2025HouseSenate Conferees Appointed: Aquino Chair; Moriwaki Co-Chair; Fevella.
4/16/2025SenateReceived notice of Senate conferees (Sen. Com. No. 810).
4/16/2025HouseReceived notice of appointment of House conferees (Hse. Com. No. 732).
4/15/2025SenateHouse Conferees Appointed: Sayama, Lee, M. Co-Chairs; Reyes Oda.
4/14/2025HouseReceived notice of disagreement (Hse. Com. No. 704).
4/11/2025SenateHouse disagrees with Senate amendment (s).
4/10/2025HouseReport adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
4/8/2025SenateReturned from Senate (Sen. Com. No. 601) in amended form (SD 2).
4/8/2025HouseReported from WAM (Stand. Com. Rep. No. 1802) with recommendation of passage on Third Reading, as amended (SD 2).
4/4/2025Senate48 Hrs. Notice 04-08-25.
4/4/2025SenateThe committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
4/2/2025SenateThe committee(s) on WAM will hold a public decision making on 04-02-25 10:01AM; Conference Room 211 & Videoconference.
3/27/2025SenateReported from LBT (Stand. Com. Rep. No. 1169) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
3/19/2025SenateReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
3/19/2025SenateThe committee(s) on LBT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in LBT were as follows: 4 Aye(s): Senator(s) Aquino, Lee, C., Ihara, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Moriwaki.
3/12/2025SenateThe committee(s) on LBT has scheduled a public hearing on 03-12-25 3:00PM; Conference Room 224 & Videoconference.
3/7/2025SenateReferred to LBT, WAM.
3/4/2025SenateReceived from House (Hse. Com. No. 10).
2/28/2025SenatePassed First Reading.
2/28/2025SenateReported from FIN (Stand. Com. Rep. No. 830), recommending passage on Third Reading.
2/27/2025HousePassed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Pierick, Templo, Ward excused (4). Transmitted to Senate.
2/27/2025HouseThe committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 12 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Holt, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lamosao, Miyake, Templo, Reyes Oda; Ayes with reservations: none; 0 Noes: none; and 4 Excused: Representative(s) Lee, M., Morikawa, Alcos, Ward.
2/21/2025House
Bill Text
Bill Text
HB202_HD1
HB202_SD1
HB202_SD2
Original
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