# Hawaii SB 2808: RELATING TO THE BUDGET.

Hawaii SB 2808, RELATING TO THE BUDGET., is a 2025–2026 Regular Session (Year 2) Senate bill sponsored by Donovan M. Dela Cruz (Democratic); status failed, last action 2026-05-01 (Conference committee meeting to reconvene on 05-01-26 1:00 PM; Conference Room 309.) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/HI-SB2808-2026
- 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 2808
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 2)
- Title: RELATING TO THE BUDGET.
- Status: failed
- Chamber: Senate
- Introduced: 2026-01-23
- Last action: 2026-05-01, Conference committee meeting to reconvene on 05-01-26 1:00 PM; Conference Room 309.
- Sponsor: Donovan M. Dela Cruz (Democratic)
- Cosponsors: 2
- Subjects: B&F, Defeasement Trust Fund, Tax-Exempt Bonds, State Facilities, Private Use, Appropriation, FIN
- Touches household money: no
- Roll calls: 5 (153 yes, 0 no in all)
- Economic provisions PRIA read: 0

## 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)

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Donovan M. Dela Cruz (Democratic), Senate
- Cosponsor: Troy N. Hashimoto (Democratic), Senate
- Cosponsor: Michelle N. Kidani (Democratic), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-04-14 | House | House Floor Vote | pass | 50 | 0 |   |
| 2026-04-09 | House | House Floor Vote | pass | 49 | 0 |   |
| 2026-04-07 | House | The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The ... | pass | 16 | 0 |   |
| 2026-03-10 | Senate | Senate Floor Vote | pass | 25 | 0 |   |
| 2026-03-04 | Senate | The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENT... | pass | 13 | 0 |   |

## Actions (30)

- 2026-05-01: Conference committee meeting to reconvene on 05-01-26 1:00 PM; Conference Room 309. (Senate)
- 2026-05-01: Conference committee meeting to reconvene on 05-01-26 3:30 PM; Conference Room 309. (Senate)
- 2026-05-01: Conference committee meeting to reconvene on 05-01-26 4:30 PM; Conference Room 309. (Senate)
- 2026-04-30: Conference committee meeting to reconvene on 05-01-26 11:00AM; Conference Room 309. (Senate)
- 2026-04-29: Conference committee meeting scheduled for 04-30-26 11:00AM; CR 309. (Senate)
- 2026-04-20: House Conferees Appointed: Takenouchi Chair; Kitagawa, Gedeon. (House)
- 2026-04-20: Received notice of appointment of House conferees (Hse. Com. No. 787). (Senate)
- 2026-04-20: Senate Conferees Appointed: Moriwaki Chair; Hashimoto, Fevella. (Senate)
- 2026-04-20: Received notice of Senate conferees (Sen. Com. No. 714). (House)
- 2026-04-16: Received from House (Hse. Com. No. 704). (Senate)
- 2026-04-16: Senate disagrees with House amendments. (Senate)
- 2026-04-16: Received notice of disagreement (Sen. Com. No. 710). (House)
- 2026-04-14: Passed Third Reading with Representative(s) Iwamoto voting aye with reservations; none voting no (0) and Representative(s) Quinlan excused (1). Transmitted to Senate. (House)
- 2026-04-09: Reported 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. (House)
- 2026-04-09: Passed 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). (House)
- 2026-04-07: The 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. (House)
- 2026-04-02: Bill scheduled to be heard by FIN on Tuesday, 04-07-26 2:00PM in House conference room 308 VIA VIDEOCONFERENCE. (House)
- 2026-03-12: Pass First Reading (House)
- 2026-03-12: Referred to FIN, referral sheet 17 (House)
- 2026-03-10: Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House. (Senate)
- 2026-03-10: Received from Senate (Sen. Com. No. 302) in amended form (SD 1). (House)
- 2026-03-05: Reported 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. (Senate)
- 2026-03-05: Report adopted; Passed Second Reading, as amended (SD 1). (Senate)
- 2026-03-05: 48 Hrs. Notice 3/10/2026. (Senate)
- 2026-03-04: 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, 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. (Senate)
- 2026-03-02: The committee(s) on WAM deferred the measure until 03-04-26 10:32AM; Conference Room 211 & Videoconference. (Senate)
- 2026-02-27: The committee(s) on WAM has scheduled a public hearing on 03-02-26 10:00AM; Conference Room 211 & Videoconference. (Senate)
- 2026-01-30: Referred to WAM. (Senate)
- 2026-01-26: Passed First Reading. (Senate)
- 2026-01-23: Introduced. (Senate)

## Bill text

- Bill Text: [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2808_HD1_.pdf)
- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2808_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2808_.PDF)
- SB2808_HD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2808_HD1_.HTM)
- SB2808_SD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2808_SD1_.HTM)

## 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 2031: RELATING TO CONSUMER PROTECTION. (signed)

## Sources
- [Bill Text (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2808_HD1_.pdf)
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2808_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2808_.PDF)
- [SB2808_HD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2808_HD1_.HTM)
- [SB2808_SD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB2808_SD1_.HTM)

## 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 2031: RELATING TO CONSUMER PROTECTION.](https://policyrisk.com/state-bill/HI-SB2031-2026)
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Source: PRIA, https://policyrisk.com/state-bill/HI-SB2808-2026 (as of 2026-11-01).