RELATING TO STATE FUNDS.
Sponsored By: Ronald D. Kouchi (Democratic)
Passed Senate
Summary
Allocates interest earned on balances within the emergency and budget reserve fund to the general fund in years in which the emergency and budget reserve fund's balance exceeds the State's fund balance objective. For any fiscal year following a fiscal year in which emergency and budget reserve fund interest is deposited into the general fund, requires the Governor to include in the budget or supplemental budget submitted to the Legislature a request that an amount of general funds equal to the amount of interest deposited be expended to advance projects that address climate change impacts. Effective 7/1/3000. (HD1)
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Ronald D. Kouchi
Democratic • Senate
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
The committee(s) on WAL recommend(s) that the measure be deferred.
3/18/2025HouseReported from EEP (Stand. Com. Rep. No. 1248) as amended in HD 1, recommending passage on Second Reading and referral to WAL.
3/14/2025HousePassed Second Reading as amended in HD 1 and referred to the committee(s) on WAL with none voting aye with reservations; Representative(s) Alcos, Garcia, Muraoka, Pierick, Shimizu voting no (5) and Representative(s) Cochran, Holt, Iwamoto, Ward excused (4).
3/14/2025HouseBill scheduled to be heard by WAL on Tuesday, 03-18-25 10:00AM in House conference room 411 VIA VIDEOCONFERENCE.
3/14/2025HouseThe committee on EEP recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 5 Ayes: Representative(s) Lowen, Perruso, Kahaloa, Kusch, Quinlan; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Ward.
3/13/2025HouseBill scheduled to be heard by EEP on Thursday, 03-13-25 9:45AM in House conference room 325 VIA VIDEOCONFERENCE.
3/10/2025HousePass First Reading
3/6/2025HouseReferred to EEP, WAL, FIN, referral sheet 19
3/6/2025HouseReport Adopted; Passed Third Reading, as amended (SD 2). Ayes, 23; Aye(s) with reservations: none. Noes, 2 (Senator(s) Awa, DeCorte). Excused, 0 (none). Transmitted to House.
3/4/2025SenateReceived from Senate (Sen. Com. No. 321) in amended form (SD 2).
3/4/2025HouseReported from WAM (Stand. Com. Rep. No. 1010) with recommendation of passage on Third Reading, as amended (SD 2).
2/28/2025Senate48 Hrs. Notice 03-04-25.
2/28/2025SenateThe 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.
2/27/2025SenateThe committee(s) on WAM will hold a public decision making on 02-27-25 10:30AM; Conference Room 211 & Videoconference.
2/21/2025SenateReported from AEN (Stand. Com. Rep. No. 268) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2/11/2025SenateReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2/11/2025SenateThe committee(s) on AEN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in AEN were as follows: 3 Aye(s): Senator(s) Gabbard, Richards, Rhoads; Aye(s) with reservations: none ; 1 No(es): Senator(s) Awa; and 1 Excused: Senator(s) DeCoite.
2/3/2025SenateThe committee(s) on AEN has scheduled a public hearing on 02-03-25 1:02PM; Conference Room 224 & Videoconference.
1/31/2025SenateReferred to AEN, WAM.
1/27/2025SenateIntroduced and passed First Reading.
1/23/2025SenatePending Introduction.
1/21/2025Senate
Bill Text
Bill Text
Original
SB1395_HD1
SB1395_SD1
SB1395_SD2
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