HB 1506 Hawaii House · 2023 Regular Session

RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM OF THE STATE OF HAWAII.

Summary

Encourages the employees' retirement system, in evaluating venture capital investments, to consider opportunities in industries that will sustain Hawaii's natural environment or produce economic opportunities for its residents, including renewable energy businesses and businesses that use the investment capital to acquire the infrastructure and services needed to become energy sustainable. If the employees' retirement system board of trustees determines that it is not prudent to invest in any Hawaii venture capital meeting this description, requires the board to report the rationale for the decision in its annual report to the legislature. Appropriates funds. Effective 6/30/3000. (HD1)

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2023

Committee Review

Mar 2023

House Passage

Mar 2023

Senate Passage

Governor

Introduced Jan 25, 2023 Last action Mar 20, 2023

Floor votes · House Mar 3, 2023

How they voted

49–0

Passed · 2 other

Total votes 51

Mar 3, 2023

D Democratic43

42 Yea 1

97% Yea

R Republican7

6 Yea 1

85% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 20, 2023

Committee

Reported from LBT (Stand. Com. Rep. No. 1180) with recommendation of passage on Second Reading and referral to WAM.

upper

Mar 15, 2023

Upper · Passed

The committee(s) on LBT recommend(s) that the measure be PASSED, UNAMENDED. The votes in LBT were as follows: 4 Aye(s): Senator(s) Moriwaki, Lee, Keith-Agaran, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Ihara.

upper

Mar 10, 2023

Upper · Passed

The committee(s) on LBT has scheduled a public hearing on 03-15-23 3:00PM; Conference Room 224 & Videoconference.

upper

Mar 9, 2023

Committee

Referred to LBT, WAM.

upper

Mar 7, 2023

Introduced

Received from House (Hse. Com. No. 233).

upper

Mar 3, 2023

Lower · Passed

Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Alcos, Matayoshi excused (2). Transmitted to Senate.

lower

Feb 27, 2023

Lower · Passed

The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 15 Ayes: Representative(s) Yamashita, Kitagawa, Aiu, Chun, Cochran, Garrett, Kahaloa, Kila, Kobayashi, Lamosao, Morikawa, Poepoe, Takenouchi, Alcos, Ward; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Nishimoto.

lower

Feb 14, 2023

Committee

Reported from EEP (Stand. Com. Rep. No. 413) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

lower

Feb 9, 2023

Lower · Passed

The committee on EEP recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Lowen, Cochran, Gates, Kahaloa, Perruso, Woodson, Ward; Ayes with reservations: none; Noes: none; and Excused: none.

lower

Jan 30, 2023

Committee

Referred to EEP, FIN, referral sheet 3

lower

Jan 25, 2023

Introduced

Introduced and Pass First Reading.

lower

30 primary · 0 co-sponsors