HB 557 Hawaii House · 2022 Regular Session

RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM.

Summary
Requires the employees' retirement system to reevaluate its investments in coal, oil, natural gas, oil or natural gas services, and pipeline companies and over the next five years, divest of holdings in any companies that have a majority of its holdings invested in fossil fuels, rather than clean renewable energy sources. Effective 7/1/2050. (HD1)
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2021
Committee Review
Floor Vote
Governor
Introduced Jan 22, 2021 Last action Dec 10, 2021
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
8
Key actions
1
Committee
3
Feb 12, 2021
Committee
Reported from EEP (Stand. Com. Rep. No. 244) as amended in HD 1, recommending passage on Second Reading and referral to LAT.
lower
Feb 9, 2021
Lower · Passed
The committees on EEP recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Lowen, Marten, Hashem, Matayoshi, Perruso, Todd, Matsumoto; Ayes with reservations: none; 1 Noes: Representative(s) Tokioka; and Excused: none.
lower
Jan 27, 2021
Committee
Referred to EEP, LAT, FIN, referral sheet 1
lower
Jan 25, 2021
Introduced
Introduced and Pass First Reading.
lower
Jan 22, 2021
Introduced
Pending introduction.
lower
8 primary · 0 co-sponsors

Sponsors