SB 2600 Hawaii Senate · 2026 Regular Session

RELATING TO THE GENERAL FUND.

This bill directs a specific amount of money from the state's General Fund into the Emergency and Budget Reserve Fund. The transfer is required by Article VII, Section 6 of the Hawaii State Constitution, which mandates these deposits to help stabilize the state's finances during economic downturns. The measure does not create new spending or alter existing programs but rather moves existing funds to a reserve account. It affects the state's overall budget management by ensuring that money is set aside for future financial needs.

Issues: ✓ Budget & Taxes

Bill status signed all 5 stages cleared

Introduction

Jan 2026

Committee Review

May 2026

Senate Passage

May 2026

House Passage

May 2026

Signed into Law

Jul 2026

Introduced Jan 23, 2026 Signed Jul 15, 2026

Maddy AI version diff · 3 comparisons

What changed between versions

SB2600_HD1 → SB2600_SD1 · 3 edits

MINOR

The bill was amended to transition from the House version (HD1) to the Senate version (SD1), updating the effective date from the year 3000 to 2050 and correcting the funding description to 'appropriates moneys' instead of 'appropriates funds'. These changes align the bill with a realistic timeline for implementing tax credits and reserve fund deposits, ensuring the legislation can be enacted and enforced within the next few decades.

Scope change

The bill's scope remains substantively the same regarding the creation of tax credits and reserve fund deposits, but the applicability timeline was significantly adjusted from a distant future date to a specific year in 2050.

TIMELINE

The effective date of the Act was changed from July 1, 3000, to July 1, 2050, making the tax credit and reserve fund provisions actionable within a realistic timeframe.

TECHNICAL

The phrase 'appropriates funds' was updated to 'appropriates moneys' in the summary description to match standard legislative terminology.

Administrative metadata, including author names, document identifiers, and revision numbers, were updated to reflect the Senate version of the bill.

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jul 15, 2026

Vetoed

Vetoed on 07/15/26 (Gov. Msg. No. 1360), line-item appropriations veto.

lower

Jul 15, 2026

Vetoed

Vetoed (Gov. Msg. #1360), various appropriations throughout the bill.

upper

Jun 26, 2026

Vetoed

Notice of intent to veto (Gov. Msg. No. 1264)

lower

Jun 26, 2026

Vetoed

Notice of Intent to veto dated 06/26/2026 (Gov. Msg. No. 1264)

upper

May 6, 2026

Upper · Passed

Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.

upper

May 6, 2026

Lower · Passed

Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0).

lower

May 1, 2026

Lower · Passed

Reported from Conference Committee (Conf Com. Rep. No. 123-26) as amended in (CD 1).

lower

May 1, 2026

Introduced

48 Hrs. Notice (as amended CD 1) 05-06-26.

upper

May 1, 2026

Upper · Passed

Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 123-26).

upper

May 1, 2026

Lower · Passed

The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 2 Ayes: Representative(s) Takenouchi, Kitagawa; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Gedeon.

lower

May 1, 2026

Upper · Passed

The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 2 Aye(s): Senator(s) Moriwaki, Kanuha; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.

upper

May 1, 2026

Upper · Passed

Conference committee meeting to reconvene on 05-01-26 3:30 PM; Conference Room 309.

upper

May 1, 2026

Upper · Passed

Conference committee meeting to reconvene on 05-01-26 1:00 PM; Conference Room 309.

upper

Apr 30, 2026

Upper · Passed

Conference committee meeting to reconvene on 05-01-26 11:00AM; Conference Room 309.

upper

Apr 29, 2026

Upper · Passed

Conference committee meeting scheduled for 04-30-26 11:00AM; CR 309.

upper

Apr 16, 2026

Amended

Senate disagrees with House amendments.

upper

Apr 16, 2026

Introduced

Received from House (Hse. Com. No. 679).

upper

Apr 14, 2026

Lower · Passed

Passed Third Reading with Representative(s) Iwamoto voting aye with reservations; none voting no (0) and Representative(s) Quinlan excused (1). Transmitted to Senate.

lower

Apr 7, 2026

Lower · Passed

The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 16 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Morikawa, Perruso, Templo, Yamashita, Alcos, Gedeon, Reyes Oda; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.

lower

Mar 12, 2026

Committee

Referred to FIN, referral sheet 17

lower

Mar 10, 2026

Introduced

Received from Senate (Sen. Com. No. 268) in amended form (SD 1).

lower

Mar 10, 2026

Upper · Passed

Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.

upper

Mar 5, 2026

Upper · Passed

Report adopted; Passed Second Reading, as amended (SD 1).

upper

Mar 2, 2026

Upper · Passed

The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Richards, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Feb 27, 2026

Upper · Passed

The committee(s) on WAM has scheduled a public hearing on 03-02-26 10:00AM; Conference Room 211 & Videoconference.

upper

Jan 28, 2026

Committee

Referred to WAM.

upper

Jan 23, 2026

Introduced

Introduced.

upper

1 primary · 0 co-sponsors