SB 1201 Hawaii Senate · 2025 Regular Session

RELATING TO WILDFIRES.

SB 1201 establishes a Wildfire Recovery Fund to provide financial resources for communities impacted by wildfires. It allows electric utilities to issue bonds (a form of securitization) to cover wildfire-related costs, such as infrastructure repairs and community recovery efforts. The bill directly affects electric utilities (by enabling new funding mechanisms) and wildfire-affected communities (by creating a dedicated fund for recovery). The provisions take effect on July 1, 2050, as specified in the bill's abstract.

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

SB1201 → SB1201_SD1 · 4 edits

MODERATE

The bill was reformatted from a traditional legislative document to a structured data template, with the substantive text of the wildfire recovery fund and securitization provisions preserved in the new format. The core policy content remains unchanged, establishing a compensation fund for wildfire victims and allowing utilities to finance contributions through securitization.

TECHNICAL

Document structure changed from traditional legislative format to a structured data template with metadata fields (dates, IDs, revision numbers) and formatted text blocks.

Removed traditional Senate header formatting, page numbers, and original bill numbering conventions.

Added structured metadata including bill ID (SB1201 SD1), sponsor information, timestamps, and revision tracking data.

Added summary description section at the end with report title, description, and effective date information.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 14, 2025

Committee

Reported from CPN/EIG (Stand. Com. Rep. No. 640) 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 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.

upper

Feb 11, 2025

Upper · Passed

The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, Richards, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) McKelvey.

upper

Feb 6, 2025

Upper · Passed

The committee(s) on CPN/EIG has scheduled a public hearing on 02-11-25 9:30AM; Conference Room 229 & Videoconference.

upper

Jan 27, 2025

Committee

Referred to CPN/EIG, WAM.

upper

Jan 17, 2025

Introduced

Introduced.

upper

2 primary · 0 co-sponsors