STATE BILLHI SB 1395ENGROSSED

Relating To State Funds.

Allocates interest earned on balances within the emergency and budget reserve fund to the general fund in years in which the emergency and budget reserve fund's balance exceeds the State's fund balance objective. For any fiscal year following a fiscal year in which emergency and budget reserve fund interest is deposited into the general fund, requires the Governor to include in the budget or supplemental budget submitted to the Legislature a request that an amount of general funds equal to the amount of interest deposited be expended to advance projects that address climate change impacts. Effective 7/1/3000. (HD1)

Status: Engrossed; Passed its first chamber
Status date: Mar 4, 2025; 618 days ago
Current chamber: House of Representatives
Session: 2026 Regular Session

HI SB 1395 · EngrossedMar 4

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Bill details

Last action: Carried over to 2026 Regular Session. · Dec 8, 2025
Pending committee: Water & Land

Sponsor

RKRonald KouchiSenator · Democrat · SD-008Primary sponsor

Bill history

Newest first.

Dec 8, 2025Carried over to 2026 Regular Session.

Mar 18, 2025The committee(s) on WAL recommend(s) that the measure be deferred.House

Mar 14, 2025Bill scheduled to be heard by WAL on Tuesday, 03-18-25 10:00AM in House conference room 411 VIA VIDEOCONFERENCE.House

Mar 14, 2025Passed Second Reading as amended in HD 1 and referred to the committee(s) on WAL with none voting aye with reservations; Representative(s) Alcos, Garcia, Muraoka, Pierick, Shimizu voting no (5) and Representative(s) Cochran, Holt, Iwamoto, Ward excused (4).House

Mar 14, 2025Reported from EEP (Stand. Com. Rep. No. 1248) as amended in HD 1, recommending passage on Second Reading and referral to WAL.House

Mar 13, 2025The committee on EEP recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 5 Ayes: Representative(s) Lowen, Perruso, Kahaloa, Kusch, Quinlan; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Ward.House

Mar 10, 2025Bill scheduled to be heard by EEP on Thursday, 03-13-25 9:45AM in House conference room 325 VIA VIDEOCONFERENCE.House

Mar 6, 2025Referred to EEP, WAL, FIN, referral sheet 19House

Show 14 earlier actions

Mar 6, 2025Pass First ReadingHouse

Mar 4, 2025Received from Senate (Sen. Com. No. 321) in amended form (SD 2).House

Mar 4, 2025Report Adopted; Passed Third Reading, as amended (SD 2). Ayes, 23; Aye(s) with reservations: none. Noes, 2 (Senator(s) Awa, DeCorte). Excused, 0 (none). Transmitted to House.Senate

Feb 28, 202548 Hrs. Notice 03-04-25.Senate

Feb 28, 2025Reported from WAM (Stand. Com. Rep. No. 1010) with recommendation of passage on Third Reading, as amended (SD 2).Senate

Feb 27, 2025The 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.Senate

Feb 21, 2025The committee(s) on WAM will hold a public decision making on 02-27-25 10:30AM; Conference Room 211 & Videoconference.Senate

Feb 11, 2025Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.Senate

Feb 11, 2025Reported from AEN (Stand. Com. Rep. No. 268) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.Senate

Feb 3, 2025The committee(s) on AEN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in AEN were as follows: 3 Aye(s): Senator(s) Gabbard, Richards, Rhoads; Aye(s) with reservations: none ; 1 No(es): Senator(s) Awa; and 1 Excused: Senator(s) DeCoite.Senate

Jan 31, 2025The committee(s) on AEN has scheduled a public hearing on 02-03-25 1:02PM; Conference Room 224 & Videoconference.Senate

Jan 27, 2025Referred to AEN, WAM.Senate

Jan 23, 2025Introduced and passed First Reading.Senate

Jan 21, 2025Pending Introduction.Senate

Recorded votes

Senate Ways and Means: Passed, With AmendmentsFeb 27, 2025 · Senate · 13 yea · 0 nayPassed

Senate Agriculture and Environment: Passed, With AmendmentsFeb 3, 2025 · Senate · 3 yea · 1 nayPassed

Subjects

Emergency and Budget Reserve Fund
Interest
General Fund
Executive Budget
Projects
Climate Change Impacts

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