All Roll Calls
Yes: 153 • No: 0
HawaiiSB 28082025–2026 Regular Session (Year 2)Senate
RELATING TO THE BUDGET.
Sponsored By: Donovan M. Dela Cruz (Democratic)
Failed
Summary
Establishes the Defeasement Trust Fund within the Department of Budget and Finance for the defeasement of tax-exempt bonds to allow private use of state facilities financed by tax-exempt bonds. Requires the Department to consult with bond counsel before defeasement. Appropriates moneys in and out of the Defeasement Trust Fund for defeasement of certain tax-exempt bonds. Effective 7/1/3000. (HD1)
B&FDefeasement Trust FundTax-Exempt BondsState FacilitiesPrivate UseAppropriationFIN
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Donovan M. Dela Cruz
Democratic • Senate
Cosponsors
Troy N. Hashimoto
Democratic • Senate
Michelle N. Kidani
Democratic • Senate
Roll Call Votes
House vote • 4/14/2026
House Floor Vote
Yes: 50 • No: 0
House vote • 4/9/2026
House Floor Vote
Yes: 49 • No: 0
House vote • 4/7/2026
The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The ...
Yes: 16 • No: 0
Senate vote • 3/10/2026
Senate Floor Vote
Yes: 25 • No: 0
Senate vote • 3/4/2026
The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENT...
Yes: 13 • No: 0
Actions Timeline
Conference committee meeting to reconvene on 05-01-26 1:00 PM; Conference Room 309.
5/1/2026SenateConference committee meeting to reconvene on 05-01-26 3:30 PM; Conference Room 309.
5/1/2026SenateConference committee meeting to reconvene on 05-01-26 4:30 PM; Conference Room 309.
5/1/2026SenateConference committee meeting to reconvene on 05-01-26 11:00AM; Conference Room 309.
4/30/2026SenateConference committee meeting scheduled for 04-30-26 11:00AM; CR 309.
4/29/2026SenateHouse Conferees Appointed: Takenouchi Chair; Kitagawa, Gedeon.
4/20/2026HouseReceived notice of appointment of House conferees (Hse. Com. No. 787).
4/20/2026SenateSenate Conferees Appointed: Moriwaki Chair; Hashimoto, Fevella.
4/20/2026SenateReceived notice of Senate conferees (Sen. Com. No. 714).
4/20/2026HouseReceived from House (Hse. Com. No. 704).
4/16/2026SenateSenate disagrees with House amendments.
4/16/2026SenateReceived notice of disagreement (Sen. Com. No. 710).
4/16/2026HousePassed Third Reading with Representative(s) Iwamoto voting aye with reservations; none voting no (0) and Representative(s) Quinlan excused (1). Transmitted to Senate.
4/14/2026HouseReported from FIN (Stand. Com. Rep. No. 1988-26) as amended in HD 1, recommending passage on Second Reading and placement on the calendar for Third Reading.
4/9/2026HousePassed Second Reading as amended in HD 1; placed on the calendar for Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran excused (1).
4/9/2026HouseThe committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 16 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Morikawa, Perruso, Templo, Yamashita, Alcos, Gedeon, Reyes Oda; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.
4/7/2026HouseBill scheduled to be heard by FIN on Tuesday, 04-07-26 2:00PM in House conference room 308 VIA VIDEOCONFERENCE.
4/2/2026HousePass First Reading
3/12/2026HouseReferred to FIN, referral sheet 17
3/12/2026HousePassed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
3/10/2026SenateReceived from Senate (Sen. Com. No. 302) in amended form (SD 1).
3/10/2026HouseReported from WAM (Stand. Com. Rep. No. 2875) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.
3/5/2026SenateReport adopted; Passed Second Reading, as amended (SD 1).
3/5/2026Senate48 Hrs. Notice 3/10/2026.
3/5/2026SenateThe 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, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Richards, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
3/4/2026Senate
Bill Text
Bill Text
Original
SB2808_HD1
SB2808_SD1
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