HawaiiHB 2022025–2026 Regular Session (Year 2)House

RELATING TO THE ADEQUATE RESERVE FUND.

Sponsored By: Jackson D. Sayama (Democratic)

Passed

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)

DLIREmployment Security LawAdequate Reserve FundActuarial StudyReportLBT, WAM

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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

  • Terez Amato

    Democratic • House

  • Jenna Takenouchi

    Democratic • House

  • Kyle T. Yamashita

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 149 • No: 0

Senate vote 4/8/2025

Senate Floor Vote

Yes: 25 • No: 0

Senate vote 4/2/2025

The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENT...

Yes: 13 • No: 0

Senate vote 3/12/2025

The committee(s) on LBT recommend(s) that the measure be PASSED, WITH AMENDMENT...

Yes: 4 • No: 0

House vote 2/27/2025

House Floor Vote

Yes: 47 • No: 0

House vote 2/21/2025

The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes ...

Yes: 12 • No: 0

House vote 2/12/2025

Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN...

Yes: 48 • No: 0

Actions Timeline

  1. House Conferees Appointed: Sayama, Lee, M. Co-Chairs; Reyes Oda.

    4/21/2026House
  2. Received notice of appointment of House conferees (Hse. Com. No. 799).

    4/21/2026Senate
  3. Received notice of the discharge of all House Conferees (Hse. Com. No. 457).

    4/2/2026Senate
  4. House Conferee(s) discharged.

    4/1/2026House
  5. Senate Conferee(s) discharged.

    3/20/2026Senate
  6. Received notice of all Senate conferees being discharged (Sen. Com. No. 409).

    3/20/2026House
  7. Carried over to 2026 Regular Session.

    12/8/2025
  8. Conference Committee Meeting will reconvene on Thursday 04-24-25 10:00AM in conference room 016.

    4/23/2025House
  9. Conference Committee Meeting will reconvene on Wednesday 04-23-25 10:00AM in conference room 016.

    4/21/2025House
  10. Bill scheduled for Conference Committee Meeting on Monday, 04-21-25 10:00AM in conference room 016.

    4/17/2025House
  11. Senate Conferees Appointed: Aquino Chair; Moriwaki Co-Chair; Fevella.

    4/16/2025Senate
  12. Received notice of Senate conferees (Sen. Com. No. 810).

    4/16/2025House
  13. Received notice of appointment of House conferees (Hse. Com. No. 732).

    4/15/2025Senate
  14. House Conferees Appointed: Sayama, Lee, M. Co-Chairs; Reyes Oda.

    4/14/2025House
  15. Received notice of disagreement (Hse. Com. No. 704).

    4/11/2025Senate
  16. House disagrees with Senate amendment (s).

    4/10/2025House
  17. 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.

    4/8/2025Senate
  18. Returned from Senate (Sen. Com. No. 601) in amended form (SD 2).

    4/8/2025House
  19. Reported from WAM (Stand. Com. Rep. No. 1802) with recommendation of passage on Third Reading, as amended (SD 2).

    4/4/2025Senate
  20. 48 Hrs. Notice 04-08-25.

    4/4/2025Senate
  21. The 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.

    4/2/2025Senate
  22. The committee(s) on WAM will hold a public decision making on 04-02-25 10:01AM; Conference Room 211 & Videoconference.

    3/27/2025Senate
  23. Reported from LBT (Stand. Com. Rep. No. 1169) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

    3/19/2025Senate
  24. Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

    3/19/2025Senate
  25. The 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.

    3/12/2025Senate

Bill Text

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