SB 3095 Hawaii Senate · 2026 Regular Session

RELATING TO THE HAWAII EMPLOYER-UNION HEALTH BENEFITS TRUST FUND INVESTMENT OFFICE STAFF SALARIES.

Summary

Authorizes the Board of Trustees of the Hawaii Employer-Union Health Benefits Trust Fund to establish appropriate salaries for the investment officers and investment analysts of the Trust Fund. Effective 7/1/3000. (HD1)

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2026

Committee Review

Mar 2026

Senate Passage

Mar 2026

House Passage

Governor

Introduced Jan 26, 2026 Last action Mar 24, 2026

Maddy AI version diff · 2 comparisons

What changed between versions

SB3095_HD1 → SB3095_SD1 · 3 edits

MINOR

This bill was revised to move from a House draft (HD1) to a Senate draft (SD1), updating administrative metadata and correcting a critical factual error in the text. The most significant change is the correction of the trust fund's investment portfolio size from an impossible $10.1 trillion to a realistic $10.1 billion, ensuring the legislative text accurately reflects the fund's actual scale.

Scope change

The bill's scope remains the same, authorizing the Board of Trustees to set competitive salaries for investment staff, but the factual context regarding the fund's size was corrected.

FISCAL

The text describing the trust fund's investment portfolio was corrected from an erroneous $10.1 trillion to the accurate $10.1 billion.

TIMELINE

The effective date of the Act was changed from July 1, 3000, to January 1, 2077.

TECHNICAL

Administrative metadata, including author names, revision numbers, and template IDs, were updated to reflect the Senate version of the bill.

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

Mar 24, 2026

Committee

Reported from LAB (Stand. Com. Rep. No. 1367-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

lower

Mar 19, 2026

Lower · Passed

The committee on LAB recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 6 Ayes: Representative(s) Sayama, Lee, M., Garrett, Kapela, Kong; Ayes with reservations: Representative(s) Reyes Oda; 0 Noes: none; and 0 Excused: none.

lower

Mar 10, 2026

Committee

Referred to LAB, FIN, referral sheet 16

lower

Mar 6, 2026

Introduced

Received from Senate (Sen. Com. No. 107) in amended form (SD 1).

lower

Mar 6, 2026

Upper · Passed

Report Adopted; Passed Third Reading. Ayes, 21; Aye(s) with reservations: none. Noes, 3 (Senator(s) Awa, DeCorte, Fevella). Excused, 1 (Senator(s) Ihara). Transmitted to House.

upper

Mar 2, 2026

Upper · Passed

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

upper

Feb 27, 2026

Upper · Passed

The committee on WAM has rescheduled its decision making to 03-02-26 10:02AM; CR 211 & Videoconference.

upper

Feb 23, 2026

Upper · Passed

The committee(s) on WAM will hold a public decision making on 03-02-26 10:31AM; Conference Room 211 & Videoconference.

upper

Feb 20, 2026

Upper · Passed

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

upper

Feb 20, 2026

Committee

Reported from LBT (Stand. Com. Rep. No. 2539) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

upper

Feb 18, 2026

Upper · Passed

The committee(s) on LBT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in LBT were as follows: 3 Aye(s): Senator(s) Elefante, Lamosao, Moriwaki; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Ihara, Fevella.

upper

Feb 13, 2026

Upper · Passed

The committee(s) on LBT has scheduled a public hearing on 02-18-26 3:01PM; Conference Room 225 & Videoconference.

upper

Jan 30, 2026

Committee

Referred to LBT, WAM.

upper

Jan 28, 2026

Introduced

Introduced.

upper

Jan 26, 2026

Introduced

Pending Introduction.

upper

1 primary · 0 co-sponsors