RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST FENIX SPACE, INC.
Summary
Authorizes the issuance of special purpose revenue bonds for the planning, design, procurement, and construction of the Fenix launch platform system and Fenix Space Hilo flight operations facility. Effective 7/1/3000. (HD1)
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 16, 2026
Last action Feb 11, 2026
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What changed between versions
HB1608
→
HB1608_HD1
·
3 edits
MINOR
The bill was amended to include 'procurement' in the authorized activities for the Fenix Space facility, update the bond amount field to allow for a specific figure to be entered, and significantly delay the effective date of the Act to July 1, 3000. These changes clarify the scope of work funded by the bonds and postpone the law's implementation indefinitely.
Scope change
The scope of the authorized project was expanded to explicitly include procurement activities in addition to planning, design, and construction.
SCOPE
Added 'procurement' to the list of authorized activities for the Fenix Space facility, broadening the scope of work the bonds can fund.
FISCAL
Changed the bond amount field from a fixed '$40,000,000' to a blank space with dollar signs, allowing the final authorized amount to be determined later.
TIMELINE
Extended the effective date of the Act from July 1, 2026, to July 1, 3000, effectively delaying the law's implementation indefinitely.
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
1
Committee
3
Feb 11, 2026
Committee
Reported from ECD (Stand. Com. Rep. No. 143-26) as amended in HD 1, recommending passage on Second Reading and referral to TRN.
lower
Feb 4, 2026
Lower · Passed
The committee on ECD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Ilagan, Hussey, Holt, Tam, Templo, Yamashita, Gedeon; Ayes with reservations: none; Noes: none; and Excused: none.
lower
Jan 26, 2026
Committee
Referred to ECD, TRN, FIN, referral sheet 1
lower
Jan 21, 2026
Introduced
Introduced and Pass First Reading.
lower
Jan 16, 2026
Introduced
Prefiled.
lower
6 primary · 1 co-sponsor
Sponsors
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