Notice: Legislature Closure on Friday, March 13 Due to the severe weather, the Hawai’i State Legislature will be closed on Friday, March 13, 2026. All Senate and House committee hearings scheduled for March 13 will be postponed and floor sessions in both chambers will not convene.
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Hawai'i State Legislature

Ka 'Aha'ōlelo Moku'āina 'O Hawai'i

Measure Title: RELATING TO HEALTH SAVINGS ACCOUNTS.
Report Title: Department of Taxation; Health Insurance; Health Savings Account-Eligible High Deductible Health Plan; Bronze Plan; Catastrophic Plan; Tax Credit; Medically Underserved Areas
Description: For taxable years beginning 1/1/2026, establishes a tiered nonrefundable tax credit for qualified taxpayer insurers that offer one or more federally qualified health savings account-eligible high deductible health plans in the State, under certain conditions, and increasing the tax credit to incentivize more plans being written for residents in rural medically underserved areas of the State. Requires qualified taxpayer insurers to match up to a certain amount of a policyholder's first-time contribution into a health savings account. Sunsets 12/31/2030. Effective 7/1/2050. (SD1)
Companion:  HB1547
Package: None
Current Referral: HLT, CPC, FIN
Introducer(s): KANUHA, CHANG, HASHIMOTO
Act:

Sort by DateChamberStatus Text
3/12/2026HBill scheduled to be heard by HLT on Wednesday, 03-18-26 9:00AM in House conference room 329 VIA VIDEOCONFERENCE.
3/12/2026HReferred to HLT, CPC, FIN, referral sheet 17
3/12/2026HPass First Reading
3/10/2026HReceived from Senate (Sen. Com. No. 239) in amended form (SD 1).
3/10/2026SReport adopted; Passed Third Reading. Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
3/6/2026SOne Day Notice 03-10-26.
3/6/2026SReported from WAM (Stand. Com. Rep. No. 2967) with recommendation of passage on Third Reading.
3/5/2026SThe 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.
3/4/2026SThe committee(s) on WAM has rescheduled its decision making to 03-05-26 12:04PM; CR 211 & Videoconference.
3/3/2026SThe committee(s) on WAM will hold a public decision making on 03-05-26 10:15AM; Conference Room 211 & Videoconference.
2/20/2026SReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2/20/2026SReported from CPN (Stand. Com. Rep. No. 2549) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2/11/2026SThe 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, McKelvey, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Lamosao.
2/5/2026SThe committee(s) on CPN has scheduled a public hearing on 02-11-26 9:30AM; CR 229 & Videoconference.
1/28/2026SReferred to CPN, WAM.
1/22/2026SPassed First Reading.
1/22/2026SIntroduced.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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SB2431 SD1

All Versions of this Measure

SB2431_SD1 Link to SB2431_SD1 .PDF file
SB2431 Link to SB2431 .PDF file

Committee Reports

SB2431_SD1_SSCR2549_ Link to committee report SB2431_SD1_SSCR2549_ .PDF file
SB2431_SD1_SSCR2967_ Link to committee report SB2431_SD1_SSCR2967_ .PDF file

Testimony

SB2431_TESTIMONY_CPN_02-11-26_
SB2431_SD1_TESTIMONY_WAM_03-05-26_

Hearing Notices

CPN
2/11/26 9:30A
CR 229 & Videoconference
WAM
3/05/26 12:04P
CR 211 & Videoconference
HLT
3/18/26 9:00A
329 VIA VIDEOCONFERENCE