RELATING TO TRANSPORTATION.
Summary
Increases the caps for the total contract value for any one Capital Advancement Contract (CAC) and the total aggregate value of CACs in a fiscal year entered into by the Department of Transportation with private parties for harbor improvements. Requires annual reports to the Legislature. Effective 7/1/2050. (SD1)
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 17, 2025
Last action Feb 14, 2025
Maddy AI version diff · 1 comparison
What changed between versions
SB1076
→
SB1076_SD1
·
3 edits
MINOR
This bill increases the financial caps for private financing of harbor improvement projects. It raises the maximum contract value from $2 million to $5 million per project and the total annual aggregate limit from $5 million to $10 million, allowing the Department of Transportation to pursue larger infrastructure projects more quickly. The effective date was also changed from July 1, 2025 to July 1, 2050.
Scope change
The bill expands the scope of projects eligible for private financing by increasing the monetary thresholds, enabling the department to undertake larger harbor improvement initiatives without legislative approval for contracts up to $5 million.
FISCAL
Increased the per-contract cap from $2,000,000 to $5,000,000
Increased the annual aggregate cap from $5,000,000 to $10,000,000
TIMELINE
Changed the effective date from July 1, 2025 to July 1, 2050
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
2
Committee
4
Feb 14, 2025
Committee
Reported from TCA (Stand. Com. Rep. No. 489) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
upper
Feb 11, 2025
Upper · Passed
The committee(s) on TCA recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in TCA were as follows: 5 Aye(s): Senator(s) Lee, C., Inouye, Elefante, Kanuha, DeCorte; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
upper
Feb 7, 2025
Upper · Passed
The committee(s) on TCA has scheduled a public hearing on 02-11-25 3:01PM; Conference Room 224 & Videoconference.
upper
Jan 23, 2025
Committee
Referred to TCA, WAM.
upper
Jan 17, 2025
Introduced
Introduced.
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Lorraine Inouye
DDemocratic
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