# Hawaii HB 202: RELATING TO THE ADEQUATE RESERVE FUND.

Hawaii HB 202, RELATING TO THE ADEQUATE RESERVE FUND., is a 2025–2026 Regular Session (Year 2) House bill sponsored by Jackson D. Sayama (Democratic); status failed, last action 2026-04-21 (House Conferees Appointed: Sayama, Lee, M. Co-Chairs; Reyes Oda.) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/HI-HB202-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Hawaii HB 202
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 2)
- Title: RELATING TO THE ADEQUATE RESERVE FUND.
- Status: failed
- Chamber: House
- Introduced: 2025-01-15
- Last action: 2026-04-21, House Conferees Appointed: Sayama, Lee, M. Co-Chairs; Reyes Oda.
- Sponsor: Jackson D. Sayama (Democratic)
- Cosponsors: 4
- Subjects: DLIR, Employment Security Law, Adequate Reserve Fund, Actuarial Study, Report, LBT, WAM
- Touches household money: no
- Roll calls: 7 (155 yes, 0 no in all)
- Economic provisions PRIA read: 0

## 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)

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Jackson D. Sayama (Democratic), House
- Cosponsor: Mike Lee (Democratic), House
- Cosponsor: M.
- Cosponsor: Jenna Takenouchi (Democratic), House
- Cosponsor: Kyle T. Yamashita (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-04-08 | Senate | Senate Floor Vote | pass | 25 | 0 |   |
| 2025-04-02 | Senate | The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENT... | pass | 13 | 0 |   |
| 2025-03-12 | Senate | The committee(s) on LBT recommend(s) that the measure be PASSED, WITH AMENDMENT... | pass | 4 | 0 |   |
| 2025-02-27 | House | House Floor Vote | pass | 47 | 0 |   |
| 2025-02-21 | House | The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes ... | pass | 12 | 0 |   |
| 2025-02-12 | House | Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN... | pass | 48 | 0 |   |
| 2025-02-06 | House | The committee on LAB recommend that the measure be PASSED, WITH AMENDMENTS. The ... | pass | 6 | 0 |   |

## Actions (40)

- 2026-04-21: House Conferees Appointed: Sayama, Lee, M. Co-Chairs; Reyes Oda. (House)
- 2026-04-21: Received notice of appointment of House conferees (Hse. Com. No. 799). (Senate)
- 2026-04-02: Received notice of the discharge of all House Conferees (Hse. Com. No. 457). (Senate)
- 2026-04-01: House Conferee(s) discharged. (House)
- 2026-03-20: Senate Conferee(s) discharged. (Senate)
- 2026-03-20: Received notice of all Senate conferees being discharged (Sen. Com. No. 409). (House)
- 2025-12-08: Carried over to 2026 Regular Session.
- 2025-04-23: Conference Committee Meeting will reconvene on Thursday 04-24-25 10:00AM in conference room 016. (House)
- 2025-04-21: Conference Committee Meeting will reconvene on Wednesday 04-23-25 10:00AM in conference room 016. (House)
- 2025-04-17: Bill scheduled for Conference Committee Meeting on Monday, 04-21-25 10:00AM in conference room 016. (House)
- 2025-04-16: Senate Conferees Appointed: Aquino Chair; Moriwaki Co-Chair; Fevella. (Senate)
- 2025-04-16: Received notice of Senate conferees (Sen. Com. No. 810). (House)
- 2025-04-15: Received notice of appointment of House conferees (Hse. Com. No. 732). (Senate)
- 2025-04-14: House Conferees Appointed: Sayama, Lee, M. Co-Chairs; Reyes Oda. (House)
- 2025-04-11: Received notice of disagreement (Hse. Com. No. 704). (Senate)
- 2025-04-10: House disagrees with Senate amendment (s). (House)
- 2025-04-08: 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. (Senate)
- 2025-04-08: Returned from Senate (Sen. Com. No. 601) in amended form (SD 2). (House)
- 2025-04-04: Reported from WAM (Stand. Com. Rep. No. 1802) with recommendation of passage on Third Reading, as amended (SD 2). (Senate)
- 2025-04-04: 48 Hrs. Notice 04-08-25. (Senate)
- 2025-04-02: 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. (Senate)
- 2025-03-27: The committee(s) on WAM will hold a public decision making on 04-02-25 10:01AM; Conference Room 211 & Videoconference. (Senate)
- 2025-03-19: Reported from LBT (Stand. Com. Rep. No. 1169) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. (Senate)
- 2025-03-19: Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. (Senate)
- 2025-03-12: 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. (Senate)
- 2025-03-07: The committee(s) on LBT has scheduled a public hearing on 03-12-25 3:00PM; Conference Room 224 & Videoconference. (Senate)
- 2025-03-04: Referred to LBT, WAM. (Senate)
- 2025-02-28: Received from House (Hse. Com. No. 10). (Senate)
- 2025-02-28: Passed First Reading. (Senate)
- 2025-02-27: Reported from FIN (Stand. Com. Rep. No. 830), recommending passage on Third Reading. (House)
- 2025-02-27: Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Pierick, Templo, Ward excused (4). Transmitted to Senate. (House)
- 2025-02-21: The 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. (House)
- 2025-02-19: Bill scheduled to be heard by FIN on Friday, 02-21-25 10:00AM in House conference room 308 VIA VIDEOCONFERENCE. (House)
- 2025-02-12: Reported from LAB (Stand. Com. Rep. No. 476) as amended in HD 1, recommending passage on Second Reading and referral to FIN. (House)
- 2025-02-12: 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, Sayama, Ward excused (3). (House)
- 2025-02-06: The committee on LAB recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 6 Ayes: Representative(s) Sayama, Lee, M., Garrett, Kapela, Kong, Reyes Oda; Ayes with reservations: none; Noes: none; and Excused: none. (House)
- 2025-02-03: Bill scheduled to be heard by LAB on Thursday, 02-06-25 9:00AM in House conference room 309 VIA VIDEOCONFERENCE. (House)
- 2025-01-21: Referred to LAB, FIN, referral sheet 1 (House)
- 2025-01-16: Introduced and Pass First Reading. (House)
- 2025-01-15: Pending introduction. (House)

## Bill text

- Bill Text: [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB202_SD2_.pdf)
- HB202_HD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB202_HD1_.HTM)
- HB202_SD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB202_SD1_.HTM)
- HB202_SD2: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB202_SD2_.HTM)
- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB202_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB202_.PDF)

## Related bills

- SB 847: RELATING TO PSYCHOLOGISTS. (became law)
- SB 2338: RELATING TO HOUSING. (signed)
- HB 2344: RELATING TO SCHOOL FACILITIES. (signed)
- HB 2023: RELATING TO TRANSPORTATION. (signed)
- HB 2021: RELATING TO TRANSPORTATION. (signed)
- SB 2964: RELATING TO PROPERTY INSURANCE. (signed)

## Sources
- [Bill Text (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB202_SD2_.pdf)
- [HB202_HD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB202_HD1_.HTM)
- [HB202_SD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB202_SD1_.HTM)
- [HB202_SD2 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB202_SD2_.HTM)
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB202_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/HB202_.PDF)

## Related
- [SB 847: RELATING TO PSYCHOLOGISTS.](https://policyrisk.com/state-bill/HI-SB847-2026)
- [SB 2338: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-SB2338-2026)
- [HB 2344: RELATING TO SCHOOL FACILITIES.](https://policyrisk.com/state-bill/HI-HB2344-2026)
- [HB 2023: RELATING TO TRANSPORTATION.](https://policyrisk.com/state-bill/HI-HB2023-2026)
- [HB 2021: RELATING TO TRANSPORTATION.](https://policyrisk.com/state-bill/HI-HB2021-2026)
- [SB 2964: RELATING TO PROPERTY INSURANCE.](https://policyrisk.com/state-bill/HI-SB2964-2026)
- [Hawaii bills](https://policyrisk.com/states/hawaii/bills)
- [Hawaii state hub](https://policyrisk.com/states/hawaii)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/HI-HB202-2026 (as of 2026-11-01).