SB 325 Hawaii Senate · 2026 Regular Session

RELATING TO THE GENERAL FUND.

Summary

Provides a tax credit to taxpayers and makes deposits to the emergency and budget reserve fund and other post-employment benefits trust fund pursuant to article VII, section 6, of the Hawaii State Constitution. Appropriates funds. Effective 7/1/3000. (HD1)

Bill status passed both 4 of 5 stages cleared

Introduction

Jan 2025

Committee Review

Mar 2025

Senate Passage

Feb 2025

House Passage

Apr 2025

Governor

Introduced Jan 14, 2025 Last action Apr 2, 2026

Maddy AI version diff · 2 comparisons

What changed between versions

SB325_HD1 → SB325_SD1 · 3 edits

MINOR

The bill was transitioned from a House version (HD1) to a Senate version (SD1), updating the bill title, sponsor names, and internal tracking numbers. The most significant substantive change is the effective date, which was moved from the placeholder year 3000 to 2050, indicating a future implementation timeline. Additionally, the summary description was updated to reflect 'Appropriations' (plural) instead of 'Appropriation' (singular).

Scope change

The bill's scope remains focused on providing a general income tax credit and funding the emergency and budget reserve fund, but the timeline for these provisions has been adjusted to take effect in 2050.

TIMELINE

The effective date for the Act was changed from July 1, 3000, to July 1, 2050, significantly altering when the tax credit and fund deposits will begin.

TECHNICAL

The bill header was updated to reflect the Senate version (SD1) with new sponsor names (Lance Ching and Ainoa Naniole) and updated revision numbers.

The summary description was slightly modified to change 'Appropriation' to 'Appropriations' to match the plural nature of the funding sections.

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

Apr 10, 2025

Amended

Senate disagrees with House amendments.

upper

Apr 10, 2025

Introduced

Received from House (Hse. Com. No. 638).

upper

Apr 8, 2025

Lower · Passed

Passed Third Reading with none voting aye with reservations; Representative(s) Iwamoto voting no (1) and Representative(s) Cochran, Marten excused (2). Transmitted to Senate.

lower

Mar 27, 2025

Lower · Passed

The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 13 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Holt, Keohokapu-Lee Loy, Kitagawa, Kusch, Lamosao, Lee, M., Miyake, Morikawa, Templo, Reyes Oda; Ayes with reservations: none; 0 Noes: none; and 3 Excused: Representative(s) Hussey, Alcos, Ward.

lower

Mar 4, 2025

Committee

Referred to FIN, referral sheet 18

lower

Feb 27, 2025

Introduced

Received from Senate (Sen. Com. No. 21) in amended form (SD 1).

lower

Feb 27, 2025

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

Feb 18, 2025

Upper · Passed

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

upper

Feb 12, 2025

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, Aquino, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Feb 7, 2025

Upper · Passed

The committee(s) on WAM has scheduled a public hearing on 02-12-25 10:00AM; Conference Room 211 & Videoconference.

upper

Jan 21, 2025

Committee

Referred to WAM.

upper

Jan 15, 2025

Introduced

Introduced and passed First Reading.

upper

Jan 14, 2025

Introduced

Pending Introduction.

upper

1 primary · 0 co-sponsors