Measure Title: RELATING TO ELECTRIC UTILITIES.
Report Title: Public Utilities Commission; Electric Utility Companies; Acquisitions; Mergers; Consolidations; Conditions of Approval; Application Review Process; Alternative Applications; Hawaiian Electric Industries; Non-Investor-Owned Utilities; GO Bonds; Appropriation
Description: Part I: Requires the Public Utilities Commission to impose certain conditions of approval on any order approving, in whole or in part, an application for the proposed acquisition, merger, or consolidation of an electric utility company by an acquiring entity. Establishes a process to ensure that when an electric utility is subject to an application for a proposed acquisition, merger, or consolidation by a potential acquiring entity that is an investor-owned utility and seeks approval of the application from the Public Utilities Commission, it must demonstrate that it solicited bids from potential acquiring entities that operate under a non-investor-owned utility ownership model. Requires the electric utility to submit those acceptable bids concurrently with an application by a potential acquiring entity that is an investor-owned utility. Part II: Authorizes the issuance of reimbursable GO bonds for acquiring Hawaiian Electric Industries and converting it to a publicly owned utility. Authorizes the establishment of a non-bypassable electric utility conversion charge, to be deposited into the new Electric Utility Conversion Special Fund. Appropriates Funds. Effective 7/1/3000. (HD2)
Companion:  SB137
Package: None
Current Referral: EEP, CPC, FIN
Introducer(s): LOWEN
Act:

Sort by DateChamberStatus Text
2/14/2025HReport adopted; referred to the committee(s) on FIN as amended in HD 2 with Representative(s) Amato, Pierick voting aye with reservations; none voting no (0) and Representative(s) Cochran, Matayoshi, Poepoe, Ward excused (4).
2/14/2025HReported from CPC (Stand. Com. Rep. No. 780) as amended in HD 2, recommending referral to FIN.
2/13/2025HThe committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Matayoshi, Chun, Ilagan, Ichiyama, Kong, Lowen, Marten, Tam; Ayes with reservations: Representative(s) Iwamoto; Noes: none; and 1 Excused: Representative(s) Pierick.
2/11/2025HBill scheduled to be heard by CPC on Thursday, 02-13-25 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.
2/4/2025HPassed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with Representative(s) Garcia, Pierick voting aye with reservations; none voting no (0) and Representative(s) Cochran, Kong, Ward excused (3).
2/4/2025HReported from EEP (Stand. Com. Rep. No. 90) as amended in HD 1, recommending passage on Second Reading and referral to CPC.
1/28/2025HThe committee on EEP recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 4 Ayes: Representative(s) Lowen, Perruso, Kahaloa, Kusch; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Representative(s) Quinlan, Ward.
1/24/2025HBill scheduled to be heard by EEP on Tuesday, 01-28-25 9:00AM in House conference room 325 VIA VIDEOCONFERENCE.
1/21/2025HReferred to EEP, CPC, FIN, referral sheet 1
1/17/2025HIntroduced and Pass First Reading.
1/16/2025HPending introduction.

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

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HB339 HD2

All Versions of this Measure

HB339_HD1 Link to HB339_HD1 .PDF file
HB339_HD2 Link to HB339_HD2 .PDF file
HB339 Link to HB339 .PDF file

Committee Reports

HB339_HD1_HSCR90_ Link to committee report HB339_HD1_HSCR90_ .PDF file
HB339_HD2_HSCR780_ Link to committee report HB339_HD2_HSCR780_ .PDF file

Testimony

HB339_TESTIMONY_EEP_01-28-25_
HB339_HD1_TESTIMONY_CPC_02-13-25_

Hearing Notices

EEP
1/28/25 9:00A
325 VIA VIDEOCONFERENCE
CPC
2/13/25 2:00P
329 VIA VIDEOCONFERENCE