HawaiiSB 13952025–2026 Regular Session (Year 2)Senate

RELATING TO STATE FUNDS.

Sponsored By: Ronald D. Kouchi (Democratic)

Passed

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)

Emergency and Budget Reserve FundInterestGeneral FundExecutive BudgetProjectsClimate Change ImpactsEEP, WAL, FIN

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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

All Roll Calls

Yes: 81 • No: 8

House vote 3/14/2025

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

Yes: 42 • No: 5

Senate vote 3/4/2025

Senate Floor Vote

Yes: 23 • No: 2

Senate vote 2/27/2025

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

Yes: 13 • No: 0

Senate vote 2/3/2025

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

Yes: 3 • No: 1

Actions Timeline

  1. Carried over to 2026 Regular Session.

    12/8/2025
  2. The committee(s) on WAL recommend(s) that the measure be deferred.

    3/18/2025House
  3. Reported from EEP (Stand. Com. Rep. No. 1248) as amended in HD 1, recommending passage on Second Reading and referral to WAL.

    3/14/2025House
  4. Passed 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).

    3/14/2025House
  5. Bill scheduled to be heard by WAL on Tuesday, 03-18-25 10:00AM in House conference room 411 VIA VIDEOCONFERENCE.

    3/14/2025House
  6. The 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.

    3/13/2025House
  7. Bill scheduled to be heard by EEP on Thursday, 03-13-25 9:45AM in House conference room 325 VIA VIDEOCONFERENCE.

    3/10/2025House
  8. Pass First Reading

    3/6/2025House
  9. Referred to EEP, WAL, FIN, referral sheet 19

    3/6/2025House
  10. Report 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.

    3/4/2025Senate
  11. Received from Senate (Sen. Com. No. 321) in amended form (SD 2).

    3/4/2025House
  12. Reported from WAM (Stand. Com. Rep. No. 1010) with recommendation of passage on Third Reading, as amended (SD 2).

    2/28/2025Senate
  13. 48 Hrs. Notice 03-04-25.

    2/28/2025Senate
  14. 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.

    2/27/2025Senate
  15. The committee(s) on WAM will hold a public decision making on 02-27-25 10:30AM; Conference Room 211 & Videoconference.

    2/21/2025Senate
  16. Reported from AEN (Stand. Com. Rep. No. 268) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

    2/11/2025Senate
  17. Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

    2/11/2025Senate
  18. The 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.

    2/3/2025Senate
  19. The committee(s) on AEN has scheduled a public hearing on 02-03-25 1:02PM; Conference Room 224 & Videoconference.

    1/31/2025Senate
  20. Referred to AEN, WAM.

    1/27/2025Senate
  21. Introduced and passed First Reading.

    1/23/2025Senate
  22. Pending Introduction.

    1/21/2025Senate

Bill Text

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