Informing the Legislature that on May 13, 2025, the Governor signed the following bill into law: HB1034 HD1 SD1 CD1 (ACT 037).

This bill authorizes specific funding allocations for public employee compensation costs in Hawaii for fiscal years 2025-2026 and 2026-2027. It provides funding from general, special, federal, and revolving funds for collective bargaining cost items and salary adjustments for state employees covered by collective bargaining agreements. The bill also allocates similar funding for state employees excluded from collective bargaining but covered by the same compensation plans. Exact dollar amounts are specified for each funding source and fiscal year, with the bill taking effect on July 1, 2025.