# Hawaii SB 69: RELATING TO DEPOSITS OF PUBLIC FUNDS.

Hawaii SB 69, RELATING TO DEPOSITS OF PUBLIC FUNDS., is a 2025–2026 Regular Session (Year 1) Senate bill sponsored by Stanley Chang (Democratic); status in committee, last action 2025-02-13 (Reported from CPN/HOU (Stand. Com. Rep. No. 452) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/HI-SB69-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Hawaii SB 69
- State: Hawaii
- Session: 2025–2026 Regular Session (Year 1)
- Title: RELATING TO DEPOSITS OF PUBLIC FUNDS.
- Status: in committee
- Chamber: Senate
- Introduced: 2025-01-08
- Last action: 2025-02-13, Reported from CPN/HOU (Stand. Com. Rep. No. 452) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
- Sponsor: Stanley Chang (Democratic)
- Cosponsors: 4
- Subjects: Banks, Loans, Housing, Director of Finance, State Treasury Depository, CPN/HOU, WAM
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Requires the Director of Finance to consider, before the selection of a depository for the state treasury, the beneficial effects to the State of using depositories within the State, including but not limited to lending at favorable terms for the creation of certain affordable housing units. Effective 7/1/2050. (SD1)

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Stanley Chang (Democratic), Senate
- Cosponsor: Kurt Fevella (Republican), Senate
- Cosponsor: Mike Gabbard (Democratic), Senate
- Cosponsor: Troy N. Hashimoto (Democratic), Senate
- Cosponsor: Karl Rhoads (Democratic), Senate

## Actions (10)

- 2025-02-13: Reported from CPN/HOU (Stand. Com. Rep. No. 452) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. (Senate)
- 2025-02-13: Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. (Senate)
- 2025-02-04: 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, Richards; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) McKelvey, Awa. (Senate)
- 2025-02-04: The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 4 Aye(s): Senator(s) Chang, Hashimoto, Kanuha, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Aquino. (Senate)
- 2025-01-29: The committee(s) on HOU deferred the measure until 02-04-25 1:00PM; CR 225. (Senate)
- 2025-01-29: The committee(s) on CPN deferred the measure until 02-04-25 9:30AM; CR 229. (Senate)
- 2025-01-24: The committee(s) on CPN/HOU has scheduled a public hearing on 01-29-25 9:40AM; Conference Room 229 & Videoconference. (Senate)
- 2025-01-16: Referred to CPN/HOU, WAM. (Senate)
- 2025-01-15: Introduced and passed First Reading. (Senate)
- 2025-01-08: Pending Introduction. (Senate)

## Bill text

- Bill Text: [PDF](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB69_SD1_.pdf)
- Original: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB69_.HTM), [PDF](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB69_.PDF)
- SB69_SD1: [HTML](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB69_SD1_.HTM)

## Related bills

- SB 572: RELATING TO HOUSING. (signed)
- HB 431: RELATING TO HOUSING. (signed)
- HB 420: RELATING TO REMEDIES. (signed)
- SB 1296: RELATING TO DISASTER RECOVERY. (signed)
- HB 830: RELATING TO HISTORIC PRESERVATION REVIEWS. (signed)
- HB 1064: RELATING TO FIRE PROTECTION. (signed)

## Sources
- [Bill Text (PDF)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB69_SD1_.pdf)
- [Original (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB69_.HTM)
- [Original (PDF)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB69_.PDF)
- [SB69_SD1 (HTML)](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB69_SD1_.HTM)

## Related
- [SB 572: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-SB572-2025)
- [HB 431: RELATING TO HOUSING.](https://policyrisk.com/state-bill/HI-HB431-2025)
- [HB 420: RELATING TO REMEDIES.](https://policyrisk.com/state-bill/HI-HB420-2025)
- [SB 1296: RELATING TO DISASTER RECOVERY.](https://policyrisk.com/state-bill/HI-SB1296-2025)
- [HB 830: RELATING TO HISTORIC PRESERVATION REVIEWS.](https://policyrisk.com/state-bill/HI-HB830-2025)
- [HB 1064: RELATING TO FIRE PROTECTION.](https://policyrisk.com/state-bill/HI-HB1064-2025)
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- [Hawaii state hub](https://policyrisk.com/states/hawaii)
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Source: PRIA, https://policyrisk.com/state-bill/HI-SB69-2025 (as of 2026-10-17).