Measure Title: RELATING TO STATE FUNDS.
Report Title: Emergency and Budget Reserve Fund; Interest; General Fund; Executive Budget; Projects; Climate Change Impacts
Description: Allocates interest earned on balances within the emergency and budget reserve fund to the general fund in years in which the emergency and budget reserve fund's balance exceeds the State's fund balance objective. For any fiscal year following a fiscal year in which emergency and budget reserve fund interest is deposited into the general fund, requires the Governor to include in the budget or supplemental budget submitted to the Legislature a request that an amount of general funds equal to the amount of interest deposited be expended to advance projects that address climate change impacts. Effective 7/1/3000. (HD1)
Companion:  HB1076
Package: Governor
Current Referral: EEP, WAL, FIN
Introducer(s): KOUCHI (Introduced by request of another party)
Act:

Sort by DateChamberStatus Text
3/18/2025HThe committee(s) on WAL recommend(s) that the measure be deferred.
3/14/2025HBill scheduled to be heard by WAL on Tuesday, 03-18-25 10:00AM in House conference room 411 VIA VIDEOCONFERENCE.
3/14/2025HPassed Second Reading as amended in HD 1 and referred to the committee(s) on WAL with none voting aye with reservations; Representative(s) Alcos, Garcia, Muraoka, Pierick, Shimizu voting no (5) and Representative(s) Cochran, Holt, Iwamoto, Ward excused (4).
3/14/2025HReported from EEP (Stand. Com. Rep. No. 1248) as amended in HD 1, recommending passage on Second Reading and referral to WAL.
3/13/2025HThe committee on EEP recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 5 Ayes: Representative(s) Lowen, Perruso, Kahaloa, Kusch, Quinlan; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Ward.
3/10/2025HBill scheduled to be heard by EEP on Thursday, 03-13-25 9:45AM in House conference room 325 VIA VIDEOCONFERENCE.
3/6/2025HReferred to EEP, WAL, FIN, referral sheet 19
3/6/2025HPass First Reading
3/4/2025HReceived from Senate (Sen. Com. No. 321) in amended form (SD 2).
3/4/2025SReport Adopted; Passed Third Reading, as amended (SD 2). Ayes, 23; Aye(s) with reservations: none. Noes, 2 (Senator(s) Awa, DeCorte). Excused, 0 (none). Transmitted to House.
2/28/2025S48 Hrs. Notice 03-04-25.
2/28/2025SReported from WAM (Stand. Com. Rep. No. 1010) with recommendation of passage on Third Reading, as amended (SD 2).
2/27/2025SThe 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.
2/21/2025SThe committee(s) on WAM will hold a public decision making on 02-27-25 10:30AM; Conference Room 211 & Videoconference.
2/11/2025SReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2/11/2025SReported from AEN (Stand. Com. Rep. No. 268) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2/3/2025SThe committee(s) on AEN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in AEN were as follows: 3 Aye(s): Senator(s) Gabbard, Richards, Rhoads; Aye(s) with reservations: none ; 1 No(es): Senator(s) Awa; and 1 Excused: Senator(s) DeCoite.
1/31/2025SThe committee(s) on AEN has scheduled a public hearing on 02-03-25 1:02PM; Conference Room 224 & Videoconference.
1/27/2025SReferred to AEN, WAM.
1/23/2025SIntroduced and passed First Reading.
1/21/2025SPending Introduction.

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

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SB1395 SD2 HD1

All Versions of this Measure

SB1395_HD1 Link to SB1395_HD1 .PDF file
SB1395_SD2 Link to SB1395_SD2 .PDF file
SB1395_SD1 Link to SB1395_SD1 .PDF file
SB1395 Link to SB1395 .PDF file

Committee Reports

SB1395_SD1_SSCR268_ Link to committee report SB1395_SD1_SSCR268_ .PDF file
SB1395_SD2_SSCR1010_ Link to committee report SB1395_SD2_SSCR1010_ .PDF file
SB1395_HD1_HSCR1248_ Link to committee report SB1395_HD1_HSCR1248_ .PDF file

Testimony

SB1395_TESTIMONY_AEN_02-03-25_
SB1395_SD1_TESTIMONY_WAM_02-27-25_
SB1395_SD2_TESTIMONY_EEP_03-13-25_
SB1395_HD1_TESTIMONY_WAL_03-18-25_

Hearing Notices

AEN
2/03/25 1:02P
CR 224 & Videoconference
WAM
2/27/25 10:30A
CR 211 & Videoconference
EEP
3/13/25 9:45A
325 VIA VIDEOCONFERENCE
WAL
3/18/25 10:00A
411 VIA VIDEOCONFERENCE