GM 1249 Hawaii Senate · 2026 Regular Session

Informing the Legislature that on June 25, 2026, the Governor signed the following bill into law: SB2921 SD1 HD1 CD1 (ACT 148).

This bill directs the Director of Finance to move approximately $47.2 million from various state special funds into the general fund for fiscal year 2026-2027. The transfer includes balances from diverse areas such as tobacco enforcement, mental health services, and tax administration that exceed their specific annual requirements. The legislation aims to create a financial reserve to help the state maintain essential services if federal funding decreases or economic conditions worsen. It explicitly states that these transfers must not harm the state's ability to receive federal aid or meet existing contracts and bond obligations.
Bill status introduced 1 of 4 stages cleared
Introduction
Jun 2026
Committee Review
Floor Vote
Governor
Introduced Jun 26, 2026 Last action Jun 26, 2026
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