SB 2981 Hawaii Senate · 2020 Regular Session

RELATING TO UNFUNDED LIABILITIES.

Summary
Converts the State's employee health care plan from fullyinsured to self-insured or self-funded. Establishes the rate stabilization reserve fund. Establishes a reserve of $2,000,000,000 within EUTF. Transfers excess funds, earnings, and any pay-as-you-go employee premiums not spent from the EUTF reserve and OPEB to the rate stabilization reserve fund. Continues to provide for the use of a portion of TAT revenues to supplement deficient county public employer contribution amounts.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2020
Committee Review
Floor Vote
Governor
Introduced Jan 23, 2020 Last action Jan 27, 2020
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Jan 27, 2020
Senate · Referred to committee
Referred to LCA, WAM.
Jan 23, 2020
Senate · Introduced
Introduced.
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Ron Kouchi
Ron Kouchi
DDemocratic
HI
8