# Hawaii SB 1487: RELATING TO THE UNIVERSITY OF HAWAII REVENUE BONDS.

Hawaii SB 1487, RELATING TO THE UNIVERSITY OF HAWAII REVENUE BONDS., is a 2025–2026 Regular Session (Year 2) Senate bill sponsored by Ronald D. Kouchi (Democratic); status failed, last action 2025-12-08 (Carried over to 2026 Regular Session.) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/HI-SB1487-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Hawaii SB 1487
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 2)
- Title: RELATING TO THE UNIVERSITY OF HAWAII REVENUE BONDS.
- Status: failed
- Chamber: Senate
- Introduced: 2025-01-21
- Last action: 2025-12-08, Carried over to 2026 Regular Session.
- Sponsor: Ronald D. Kouchi (Democratic)
- Cosponsors: 0
- Subjects: Board of Regents, Authorization of Revenue Bonds, Capital Improvement Projects, Appropriations, HED, FIN
- Touches household money: no
- Roll calls: 5 (95 yes, 3 no in all)
- Economic provisions PRIA read: 0

## Summary

Authorizes the Board of Regents of the University of Hawaii to issue revenue bonds for the purpose of financing qualifying priority capital improvement projects. Appropriates funds. Effective 7/1/3000. (HD1)

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Ronald D. Kouchi (Democratic), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-03-17 | House | Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN... | pass | 44 | 3 |   |
| 2025-03-12 | House | The committee on HED recommend that the measure be PASSED, WITH AMENDMENTS. The ... | pass | 9 | 0 |   |
| 2025-03-04 | Senate | Senate Floor Vote | pass | 25 | 0 |   |
| 2025-02-26 | Senate | The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The... | pass | 13 | 0 |   |
| 2025-02-11 | Senate | The committee(s) on HRE recommend(s) that the measure be PASSED, WITH AMENDMENT... | pass | 4 | 0 |   |

## Actions (21)

- 2025-12-08: Carried over to 2026 Regular Session.
- 2025-03-17: Reported from HED (Stand. Com. Rep. No. 1280) as amended in HD 1, recommending passage on Second Reading and referral to FIN. (House)
- 2025-03-17: Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; Representative(s) Garcia, Muraoka, Pierick voting no (3) and Representative(s) Cochran, Lowen, Reyes Oda, Ward excused (4). (House)
- 2025-03-12: The committee on HED recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Garrett, Amato, Evslin, Kapela, Kila, La Chica, Woodson, Souza; Ayes with reservations: Representative(s) Muraoka; Noes: none; and 2 Excused: Representative(s) Olds, Sayama. (House)
- 2025-03-07: Bill scheduled to be heard by HED on Wednesday, 03-12-25 2:00PM in House conference room 309 VIA VIDEOCONFERENCE. (House)
- 2025-03-06: Pass First Reading (House)
- 2025-03-06: Referred to HED, FIN, referral sheet 19 (House)
- 2025-03-04: Report adopted; Passed Third Reading. Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House. (Senate)
- 2025-03-04: Received from Senate (Sen. Com. No. 350) in amended form (SD 1). (House)
- 2025-02-28: Reported from WAM (Stand. Com. Rep. No. 864) with recommendation of passage on Third Reading. (Senate)
- 2025-02-28: One Day Notice 03-04-25. (Senate)
- 2025-02-26: The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. 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)
- 2025-02-18: The committee(s) on WAM deferred the measure until 02-26-25 10:00AM; Conference Room 211 & Videoconference. (Senate)
- 2025-02-14: Reported from HRE (Stand. Com. Rep. No. 523) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. (Senate)
- 2025-02-14: Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. (Senate)
- 2025-02-14: The committee(s) on WAM will hold a public decision making on 02-18-25 10:01AM; Conference Room 211 & Videoconference. (Senate)
- 2025-02-11: The committee(s) on HRE recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HRE were as follows: 4 Aye(s): Senator(s) Kim, Kidani, Fukunaga, Hashimoto; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella. (Senate)
- 2025-02-07: The committee(s) on HRE has scheduled a public hearing on 02-11-25 3:10PM; Conference Room 229 & Videoconference. (Senate)
- 2025-01-27: Referred to HRE, WAM. (Senate)
- 2025-01-23: Introduced and passed First Reading. (Senate)
- 2025-01-21: Pending Introduction. (Senate)

## Bill text

- Bill Text: [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB1487_HD1_.pdf)
- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB1487_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB1487_.PDF)
- SB1487_HD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB1487_HD1_.HTM)
- SB1487_SD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB1487_SD1_.HTM)

## Related bills

- SB 847: RELATING TO PSYCHOLOGISTS. (became law)
- HB 2344: RELATING TO SCHOOL FACILITIES. (signed)
- HB 2023: RELATING TO TRANSPORTATION. (signed)
- HB 2021: RELATING TO TRANSPORTATION. (signed)
- SB 2338: RELATING TO HOUSING. (signed)
- HB 1973: RELATING TO HEALTH. (signed)

## Sources
- [Bill Text (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB1487_HD1_.pdf)
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB1487_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB1487_.PDF)
- [SB1487_HD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB1487_HD1_.HTM)
- [SB1487_SD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB1487_SD1_.HTM)

## Related
- [SB 847: RELATING TO PSYCHOLOGISTS.](https://policyrisk.com/state-bill/HI-SB847-2026)
- [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 2338: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-SB2338-2026)
- [HB 1973: RELATING TO HEALTH.](https://policyrisk.com/state-bill/HI-HB1973-2026)
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Source: PRIA, https://policyrisk.com/state-bill/HI-SB1487-2026 (as of 2026-11-01).