SB 3095 Hawaii Senate · 2026 Regular Session

RELATING TO THE HAWAII EMPLOYER-UNION HEALTH BENEFITS TRUST FUND INVESTMENT OFFICE STAFF SALARIES.

Summary
Authorizes the Board of Trustees of the Hawaii Employer-Union Health Benefits Trust Fund to establish appropriate salaries for the investment officers and investment analysts of the Trust Fund. Effective 7/1/3000. (HD1)
Bill status passed 4 of 5 stages cleared
Introduction
Jan 2026
Committee Review
Mar 2026
Senate Passage
Mar 2026
House Passage
Mar 2026
Governor
Introduced Jan 26, 2026 Last action Mar 24, 2026
Maddy AI version diff · 2 comparisons

What changed between versions

SB3095_HD1 → SB3095_SD1 · 3 edits
MINOR
This bill was revised to move from a House draft (HD1) to a Senate draft (SD1), updating administrative metadata and correcting a critical factual error in the text. The most significant change is the correction of the trust fund's investment portfolio size from an impossible $10.1 trillion to a realistic $10.1 billion, ensuring the legislative text accurately reflects the fund's actual scale.
Scope change
The bill's scope remains the same, authorizing the Board of Trustees to set competitive salaries for investment staff, but the factual context regarding the fund's size was corrected.
FISCAL

The text describing the trust fund's investment portfolio was corrected from an erroneous $10.1 trillion to the accurate $10.1 billion.

TIMELINE

The effective date of the Act was changed from July 1, 3000, to January 1, 2077.

TECHNICAL

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

Floor votes · Senate Mar 6, 2026 · House Mar 24, 2026

How they voted

21–3
Passed · 1 other
Total votes 25
Mar 6, 2026
D Democratic22
21 Yea 1
95% Yea
R Republican3
3 Nay
100% Nay
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
22
Key actions
3
Committee
10
Mar 24, 2026
House · Referred to committee
Reported from LAB (Stand. Com. Rep. No. 1367-26) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
Mar 24, 2026
House · Passed
House Vote: pass (45-3-2)
Mar 19, 2026
House · Reported by committee
The committee on LAB recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 6 Ayes: Representative(s) Sayama, Lee, M., Garrett, Kapela, Kong; Ayes with reservations: Representative(s) Reyes Oda; 0 Noes: none; and 0 Excused: none.
Mar 10, 2026
House · Referred to committee
Referred to LAB, FIN, referral sheet 16
Mar 6, 2026
House · Introduced
Received from Senate (Sen. Com. No. 107) in amended form (SD 1).
Mar 6, 2026
Senate · Passed
Report Adopted; Passed Third Reading. Ayes, 21; Aye(s) with reservations: none. Noes, 3 (Senator(s) Awa, DeCorte, Fevella). Excused, 1 (Senator(s) Ihara). Transmitted to House.
Mar 2, 2026
Senate · Reported by committee
The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. 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.
Feb 27, 2026
Senate · Reported by committee
The committee on WAM has rescheduled its decision making to 03-02-26 10:02AM; CR 211 & Videoconference.
Feb 23, 2026
Senate · Reported by committee
The committee(s) on WAM will hold a public decision making on 03-02-26 10:31AM; Conference Room 211 & Videoconference.
Feb 20, 2026
Senate · Passed
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
Feb 20, 2026
Senate · Referred to committee
Reported from LBT (Stand. Com. Rep. No. 2539) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
Feb 18, 2026
Senate · Reported by committee
The committee(s) on LBT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in LBT were as follows: 3 Aye(s): Senator(s) Elefante, Lamosao, Moriwaki; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Ihara, Fevella.
Feb 13, 2026
Senate · Reported by committee
The committee(s) on LBT has scheduled a public hearing on 02-18-26 3:01PM; Conference Room 225 & Videoconference.
Jan 30, 2026
Senate · Referred to committee
Referred to LBT, WAM.
Jan 28, 2026
Senate · Introduced
Introduced.
Jan 26, 2026
Senate · Introduced
Pending Introduction.
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Ron Kouchi
Ron Kouchi
DDemocratic
HI
8