Relating To The Public Utilities Commission.
State of HawaiiHawaiiRequires the Public Utilities Commission to establish performance-based incentives, including revenue adjustment mechanisms, cost control mechanisms, and reward and penalty mechanisms on or before 1/1/2027. Clarifies that the Public Utilities Commission is authorized to adopt alternative ratemaking procedures to establish electric utility rates and performance-based incentives. (CD1)
- Status
- Passed
- Signed or otherwise enacted
- Status date
- Jun 5, 2026
- 160 days ago
- Current chamber
- House of Representatives
- Session
- 2026 Regular Session
HI SB 2487 · PassedJun 5
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Bill details
- Last action
- Act 093, on 06/05/2026 (Gov. Msg. No. 1193). · Jun 5, 2026
Sponsors
JKJarrett KeohokaloleSenator · Democrat · SD-024Primary sponsorPrimary sponsor
SCStanley ChangSenator · Democrat · SD-009Primary sponsorPrimary sponsor
KFKurt FevellaSenator · Republican · SD-020Primary sponsorPrimary sponsor
AMAngus McKelveySenator · Democrat · SD-006Primary sponsorPrimary sponsor
SMSharon MoriwakiSenator · Democrat · SD-012Primary sponsorPrimary sponsor
THTroy HashimotoSenator · Democrat · SD-005
JSJoy San BuenaventuraSenator · Democrat · SD-002
GWGlenn WakaiSenator · Democrat · SD-015
Bill history
Newest first.
Jun 5, 2026Act 093, on 06/05/2026 (Gov. Msg. No. 1193).House
Jun 5, 2026Act 093, 06/05/2026 (Gov. Msg. No. 1193).Senate
May 8, 2026Enrolled to Governor.Senate
May 8, 2026Received notice of passage on Final Reading in House (Hse. Com. No. 888).Senate
May 6, 2026Received notice of Final Reading (Sen. Com. No. 816).House
May 6, 2026Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0).House
May 6, 2026Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.Senate
May 1, 2026Forty-eight (48) hours notice Wednesday, 05-06-26.House
Show 43 earlier actions
May 1, 2026Reported from Conference Committee (Conf Com. Rep. No. 184-26) as amended in (CD 1).House
May 1, 202648 Hrs. Notice (as amended CD 1) 05-06-26.Senate
May 1, 2026Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 184-26).Senate
May 1, 2026The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 4 Ayes: Representative(s) Lowen, Matayoshi, Perruso, Matsumoto; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.House
May 1, 2026The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 4 Aye(s): Senator(s) Keohokalole, Wakai, Inouye, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) McKelvey.Senate
Apr 30, 2026Conference committee meeting to reconvene on 05-01-26 2:30PM; Conference Room 224.Senate
Apr 29, 2026Conference committee meeting to reconvene on 04-30-26 2:40PM; Conference Room 224.Senate
Apr 28, 2026Conference committee meeting to reconvene on 04-29-26 2:40PM; CR 224.Senate
Apr 27, 2026Conference committee meeting to reconvene on 04-28-26 2:40PM; Conference Room 224.Senate
Apr 24, 2026Conference committee meeting to reconvene on 04-27-26 2:40PM; CR 224.Senate
Apr 23, 2026Received notice of Senate conferees (Sen. Com. No. 740).House
Apr 23, 2026Conference committee meeting scheduled for 04-24-26 3:30PM; Conference Room 224.Senate
Apr 23, 2026Senate Conferees Appointed: Keohokalole Chair; Wakai, Inouye Co-Chairs; McKelvey, Awa.Senate
Apr 20, 2026Received notice of appointment of House conferees (Hse. Com. No. 787).Senate
Apr 20, 2026House Conferees Appointed: Lowen, Matayoshi, Perruso Co-Chairs; Matsumoto.House
Apr 20, 2026Re-referred to EEP, CPC, FIN, referral sheet 30House
Apr 16, 2026Received notice of disagreement (Sen. Com. No. 710).House
Apr 16, 2026Senate disagrees with House amendments.Senate
Apr 16, 2026Received from House (Hse. Com. No. 665).Senate
Apr 14, 2026Passed Third Reading with Representative(s) Shimizu voting aye with reservations; none voting no (0) and Representative(s) Quinlan excused (1). Transmitted to Senate.House
Apr 10, 2026Reported from CPC (Stand. Com. Rep. No. 2123-26), recommending passage on Third Reading.House
Apr 7, 2026The committee on CPC recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 10 Ayes: Representative(s) Matayoshi, Grandinetti, Chun, Ilagan, Ichiyama, Iwamoto, Lowen, Marten, Tam, Pierick; Ayes with reservations: none; 1 Noes: Representative(s) Kong; and Excused: none.House
Apr 2, 2026Bill scheduled to be heard by CPC on Tuesday, 04-07-26 2:05PM in House conference room 329 VIA VIDEOCONFERENCE.House
Mar 24, 2026Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with none voting aye with reservations; none voting no (0) and Representative(s) Garrett, Quinlan excused (2).House
Mar 24, 2026Reported from EEP (Stand. Com. Rep. No. 1379-26) as amended in HD 1, recommending passage on Second Reading and referral to CPC.House
Mar 19, 2026The committee on EEP recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 6 Ayes: Representative(s) Lowen, Perruso, Chun, Kahaloa, Kusch, Matsumoto; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Quinlan.House
Mar 16, 2026Bill scheduled to be heard by EEP on Thursday, 03-19-26 9:40AM in House conference room 325 VIA VIDEOCONFERENCE.House
Mar 10, 2026Referred to EEP, CPC, referral sheet 16House
Mar 10, 2026Pass First ReadingHouse
Mar 6, 2026Received from Senate (Sen. Com. No. 56) in amended form (SD 1).House
Mar 6, 2026Report Adopted; Passed Third Reading. Ayes, 24; Aye(s) with reservations: none. Noes, 0 (none). Excused, 1 (Senator(s) Ihara). Transmitted to House.Senate
Mar 5, 2026One Day Notice 03-06-26.Senate
Mar 5, 2026Reported from WAM (Stand. Com. Rep. No. 2861) with recommendation of passage on Third Reading.Senate
Mar 3, 2026The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Richards, Wakai; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.Senate
Feb 27, 2026The committee(s) on WAM will hold a public decision making on 03-03-26 10:17AM; Conference Room 211 & Videoconference.Senate
Feb 13, 2026Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.Senate
Feb 13, 2026Reported from CPN/EIG (Stand. Com. Rep. No. 2258) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.Senate
Feb 4, 2026The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 5 Aye(s): Senator(s) Keohokalole, Fukunaga, Lamosao, McKelvey, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.Senate
Feb 4, 2026The committee(s) on EIG recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EIG were as follows: 5 Aye(s): Senator(s) Wakai, Chang, DeCoite, Richards, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.Senate
Jan 30, 2026The committee(s) on CPN/EIG has scheduled a public hearing on 02-04-26 9:30AM; Conference Room 229 & Videoconference.Senate
Jan 28, 2026Referred to CPN/EIG, WAM.Senate
Jan 22, 2026Passed First Reading.Senate
Jan 22, 2026Introduced.Senate
Recorded votes
Senate Commerce and Consumer Protection: Passed, With AmendmentsFeb 4, 2026 · Senate · 5 yea · 0 nayPassedPassed
Senate Energy and Intergovernmental Affairs: Passed, With AmendmentsFeb 4, 2026 · Senate · 5 yea · 0 nayPassedPassed
Senate Ways and Means: Passed, UnamendedMar 3, 2026 · Senate · 12 yea · 0 nayPassedPassed
House Conference: Passed, With AmendmentsMay 1, 2026 · House · 4 yea · 0 nayPassedPassed
Senate Conference: Passed, With AmendmentsMay 1, 2026 · Senate · 4 yea · 0 nayPassedPassed
Subjects
- PUC
- Ratemaking
- Performance-Based Incentives
- Hawaii Ratepayer Protection Act of 2026
Read the bill at the source
This page follows the bill as the legislature records it. For the bill's full text and the official record, use the legislature's own site.
Bill data from LegiScan, licensed under CC BY 4.0.