SB 326 Hawaii Senate · 2025 Regular Session

RELATING TO REVOLVING FUNDS.

Summary

Requires the Legislature, in establishing or reviewing a revolving fund, to ensure the revolving fund is financially self-sustainable by either annual projections that show that the revolving fund will be sustainable without appropriations of general funds or a schedule of projected collections of outstanding payments to the revolving fund. (CD1)

Issues: ✓ Budget & Taxes

Bill status signed all 5 stages cleared

Introduction

Jan 2025

Committee Review

Apr 2025

Senate Passage

Apr 2025

House Passage

Apr 2025

Signed into Law

Jun 2025

Introduced Jan 14, 2025 Signed Jun 25, 2025

Maddy AI version diff · 3 comparisons

What changed between versions

SB326_HD1 → SB326_SD1 · 3 edits

MINOR

The bill text was reformatted from a House draft (HD1) to a Senate draft (SD1) with minor substantive changes. The most significant substantive change is the effective date, which was moved from July 1, 3000 to July 1, 2050. The core policy requirements for revolving funds remain the same.

TIMELINE

The effective date of the Act was changed from July 1, 3000 to July 1, 2050.

TECHNICAL

The bill was reformatted from a House draft version to a Senate draft version, including changes to header formatting and metadata.

Metadata and document information (such as author names and timestamps) were added in the Senate draft version.

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Apr 30, 2025

Lower · Passed

Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Pierick excused (2).

lower

Apr 30, 2025

Upper · Passed

Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.

upper

Apr 24, 2025

Lower · Passed

Reported from Conference Committee (Conf Com. Rep. No. 16) as amended in (CD 1).

lower

Apr 24, 2025

Introduced

48 Hrs. Notice (as amended CD 1) 04-30-25.

upper

Apr 24, 2025

Upper · Passed

Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 16).

upper

Apr 23, 2025

Lower · Passed

The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 3 Ayes: Representative(s) Yamashita, Takenouchi, Alcos; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.

lower

Apr 23, 2025

Upper · Passed

The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 3 Aye(s): Senator(s) Hashimoto, Kim, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Apr 22, 2025

Lower · Passed

Bill scheduled for Conference Committee Meeting on Wednesday, 04-23-25 10:30AM in conference room 309.

lower

Apr 10, 2025

Amended

Senate disagrees with House amendments.

upper

Apr 10, 2025

Introduced

Received from House (Hse. Com. No. 639).

upper

Apr 8, 2025

Lower · Passed

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

lower

Mar 27, 2025

Lower · Passed

The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 13 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Holt, Keohokapu-Lee Loy, Kitagawa, Kusch, Lamosao, Lee, M., Miyake, Morikawa, Templo, Reyes Oda; Ayes with reservations: none; 0 Noes: none; and 3 Excused: Representative(s) Hussey, Alcos, Ward.

lower

Mar 4, 2025

Committee

Referred to FIN, referral sheet 18

lower

Feb 27, 2025

Introduced

Received from Senate (Sen. Com. No. 22) in amended form (SD 1).

lower

Feb 27, 2025

Upper · Passed

Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none. Noes, 0 (none). Excused, 0 (none). Transmitted to House.

upper

Feb 12, 2025

Upper · Passed

The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Feb 7, 2025

Upper · Passed

The committee(s) on WAM has scheduled a public hearing on 02-12-25 10:00AM; Conference Room 211 & Videoconference.

upper

Jan 21, 2025

Committee

Referred to WAM.

upper

Jan 15, 2025

Introduced

Introduced and passed First Reading.

upper

Jan 14, 2025

Introduced

Pending Introduction.

upper

8 primary · 2 co-sponsors