SB 2922 Hawaii Senate · 2026 Regular Session

RELATING TO COOPERATIVE ASSOCIATIONS.

Summary

Clarifies that cooperative associations organized under chapter 421C, Hawaii Revised Statutes, may include multi-stakeholder cooperatives, producer cooperatives, workers cooperatives, and consumer cooperatives. Effective 3/22/2075. (SD2)

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2026

Committee Review

Mar 2026

Senate Passage

Mar 2026

House Passage

Governor

Introduced Jan 23, 2026 Last action Mar 12, 2026

Maddy AI version diff · 2 comparisons

What changed between versions

SB2922_SD1 → SB2922_SD2 · 3 edits

MINOR

This bill updates the legislative version from SD1 to SD2, correcting a critical error in the effective date of the new cooperative laws. The version changed the start date from July 1, 2050 to March 22, 2075, which significantly delays when the new rules take effect. Additionally, minor text edits were made to clarify that worker cooperatives are both owned and governed by their members.

Scope change

The scope of the bill's applicability remains the same regarding which cooperatives are covered, but the timeline for when these rules apply to real-world operations has been extended by over 24 years.

TIMELINE

The effective date of the Act was changed from July 1, 2050 to March 22, 2075, pushing the implementation of new cooperative laws significantly further into the future.

DEFINITION

The definition of worker cooperatives was slightly refined to explicitly state they shall be 'owned and governed' by worker-members, adding the word 'and' for clarity.

TECHNICAL

Minor formatting corrections were applied to chapter titles and section headers to ensure consistency in the statutory text.

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

Mar 12, 2026

Committee

Referred to CPC, referral sheet 17

lower

Mar 10, 2026

Introduced

Received from Senate (Sen. Com. No. 320) in amended form (SD 2).

lower

Mar 10, 2026

Upper · Passed

Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.

upper

Mar 3, 2026

Upper · Passed

The committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in JDC were as follows: 5 Aye(s): Senator(s) Rhoads, Gabbard, Chang, San Buenaventura, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Feb 24, 2026

Upper · Passed

The committee(s) on JDC will hold a public decision making on 03-03-26 10:15AM; Conference Room 016 & Videoconference.

upper

Feb 20, 2026

Upper · Passed

Report adopted; Passed Second Reading, as amended (SD 1) and referred to JDC.

upper

Feb 20, 2026

Committee

Reported from CPN (Stand. Com. Rep. No. 2653) with recommendation of passage on Second Reading, as amended (SD 1) and referral to JDC.

upper

Feb 18, 2026

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, Lamosao, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) McKelvey.

upper

Feb 13, 2026

Upper · Passed

The committee(s) on CPN has scheduled a public hearing on 02-18-26 9:30AM; Conference Room 229 & Videoconference.

upper

Jan 30, 2026

Committee

Referred to CPN, JDC.

upper

Jan 23, 2026

Introduced

Introduced.

upper

3 primary · 1 co-sponsor