HawaiiSB 28292025–2026 Regular Session (Year 2)Senate

RELATING TO THE POWERS OF ARTIFICIAL PERSONS.

Sponsored By: Karl Rhoads (Democratic)

Passed

Summary

Prohibits any state-chartered corporation, limited liability company, limited partnership, limited liability partnership, cooperative, nonprofit, or other association from making expenditures or contributions in connection with elections or ballot measures. Deems any election or ballot measure expenditure or contribution to be ultra vires or void as a matter of law, triggering administrative forfeiture of charter privileges, including limited liability and perpetual duration, until reinstatement. Effective 1/1/2027. (SD1)

CorporationsNonprofit CorporationsLimited Liability CompaniesLimited PartnershipsLimited Liability PartnershipsUnincorporated Nonprofit AssociationsProfessional CorporationsAgricultural Cooperative AssociationsConsumer Cooperative AssociationsLimited-Equity Housing CooperativesState-chartered Credit UnionsCPN, JDC

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Karl Rhoads

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 3 • No: 0

Senate vote 2/10/2026

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

Yes: 3 • No: 0

Actions Timeline

  1. Reported from CPN (Stand. Com. Rep. No. 2650) with recommendation of passage on Second Reading, as amended (SD 1) and referral to JDC.

    2/20/2026Senate
  2. Report adopted; Passed Second Reading, as amended (SD 1) and referred to JDC.

    2/20/2026Senate
  3. The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 3 Aye(s): Senator(s) Keohokalole, Fukunaga, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Lamosao, McKelvey.

    2/10/2026Senate
  4. The committee(s) on CPN deferred the measure until 02-10-26 9:30AM; Conference Room 229 & Videoconference.

    2/4/2026Senate
  5. The committee(s) on CPN deferred the measure until 02-04-26 9:30AM; CR 229 & Videoconference.

    2/3/2026Senate
  6. Referred to CPN, JDC.

    1/30/2026Senate
  7. The committee(s) on CPN has scheduled a public hearing on 02-03-26 9:31AM; Conference Room 229 & Videoconference.

    1/30/2026Senate
  8. Passed First Reading.

    1/26/2026Senate
  9. Introduced.

    1/23/2026Senate

Bill Text

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