# Hawaii SB 585: RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST BANA PACIFIC INC.

Hawaii SB 585, RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST BANA PACIFIC INC., is a 2025–2026 Regular Session (Year 2) Senate bill sponsored by Glenn Wakai (Democratic); status failed, last action 2026-03-10 (Referred to EEP, FIN, referral sheet 15) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/HI-SB585-2026
- 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 585
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 2)
- Title: RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST BANA PACIFIC INC.
- Status: failed
- Chamber: Senate
- Introduced: 2025-01-17
- Last action: 2026-03-10, Referred to EEP, FIN, referral sheet 15
- Sponsor: Glenn Wakai (Democratic)
- Cosponsors: 2
- Subjects: SPRB, Bana Pacific Inc., Biogas Production Facility, EEP, FIN
- Touches household money: no
- Roll calls: 3 (38 yes, 0 no in all)
- Economic provisions PRIA read: 0

## Summary

Authorizes the issuance of special purpose revenue bonds to assist Bana Pacific Inc. in constructing a biogas production facility. Effective 7/1/2050. (SD2)

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Glenn Wakai (Democratic), Senate
- Cosponsor: Angus L.K. McKelvey (Democratic), Senate
- Cosponsor: Herbert M. "Tim" Richards III (Democratic), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-02-25 | Senate | Senate Floor Vote | pass | 24 | 0 |   |
| 2026-02-19 | Senate | The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENT... | pass | 11 | 0 |   |
| 2025-01-28 | Senate | The committee(s) on EIG recommend(s) that the measure be PASSED, WITH AMENDMENT... | pass | 3 | 0 |   |

## Actions (16)

- 2026-03-10: Referred to EEP, FIN, referral sheet 15 (House)
- 2026-03-05: Pass First Reading (House)
- 2026-02-25: Report Adopted; Passed Third Reading, as amended (SD 2). Ayes, 24; Aye(s) with reservations: Senator(s) Elefante, Hashimoto, Rhoads, San Buenaventura. Noes, 0 (none). Excused, 1 (Senator(s) Kidani). Transmitted to House. (Senate)
- 2026-02-25: Received from Senate (Sen. Com. No. 14) in amended form (SD 2). (House)
- 2026-02-23: Reported from WAM (Stand. Com. Rep. No. 2701) with recommendation of passage on Third Reading, as amended (SD 2). (Senate)
- 2026-02-23: 48 Hrs. Notice 02-25-26. (Senate)
- 2026-02-19: The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 11 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Kidani, Richards. (Senate)
- 2026-02-13: The committee(s) on WAM will hold a public decision making on 02-19-26 10:30AM; Conference Room 211 & Videoconference. (Senate)
- 2025-12-08: Carried over to 2026 Regular Session.
- 2025-02-06: Reported from EIG (Stand. Com. Rep. No. 57) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. (Senate)
- 2025-02-06: Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. (Senate)
- 2025-01-28: The committee(s) on EIG recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EIG were as follows: 3 Aye(s): Senator(s) Wakai, Richards, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Chang, DeCoite. (Senate)
- 2025-01-24: The committee(s) on EIG has scheduled a public hearing on 01-28-25 3:15PM; Conference Room 016 & Videoconference. (Senate)
- 2025-01-23: Referred to EIG, WAM. (Senate)
- 2025-01-17: Introduced. (Senate)
- 2025-01-17: Passed First Reading. (Senate)

## Bill text

- Bill Text: [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB585_SD2_.pdf)
- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB585_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB585_.PDF)
- SB585_SD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB585_SD1_.HTM)
- SB585_SD2: [HTML](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB585_SD2_.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/SB585_SD2_.pdf)
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB585_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB585_.PDF)
- [SB585_SD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB585_SD1_.HTM)
- [SB585_SD2 (HTML)](https://data.capitol.hawaii.gov/sessions/session2026/bills/SB585_SD2_.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-SB585-2026 (as of 2026-11-01).