HOUSE OF REPRESENTATIVES	H.B. NO.	2567
THIRTY-THIRD LEGISLATURE, 2026
STATE OF HAWAII

A BILL FOR AN ACT

relating to education.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. Chapter 36, Hawaii Revised Statutes, is amended by adding a new section to part II to be appropriately designated and to read as follows:

"§36-    Early childhood education investment special fund. (a) There is established within the state treasury the early childhood education investment special fund, to be administered by the department of budget and finance. The special fund shall consist of:

(1) Legislative appropriations;

(2) Grants, gifts, and donations from public or private sources;

(3) Investment earnings of the fund; and

(4) Any other moneys received for the purposes of this section.

(b) Moneys in the fund shall be used for the sole purpose of generating investment income to support early childhood education programs.

(c) The director of finance may invest moneys in the fund in market‑based financial instruments in accordance with applicable state investment policies.

(d) The director of finance shall transfer investment returns generated under this section to the early learning special fund under section 302L-5.

(e) The director of finance shall submit an annual report to the legislature no later than twenty days prior to the convening of each regular session. The report shall detail:

(1) Amounts deposited into the early childhood education investment special fund;

(2) Investments selected by the director of finance;

(3) Net profit or loss from the investments; and

(4) Amounts transferred to the early learning special fund."

SECTION 2. There is appropriated out of the general revenues of the State of Hawaii the sum of $           or so much thereof as may be necessary for fiscal year 2026-2027 for deposit into the early childhood education investment special fund.

The sum appropriated shall be expended by the department of budget and finance for the purposes of this Act.

SECTION 3. New statutory material is underscored.

SECTION 4. This Act shall take effect on July 1, 2026.

INTRODUCED BY:

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Report Title:

Department of Budget and Finance; Early Childhood Education Investment Special Fund; Appropriation

Description:

Establishes the Early Childhood Education Investment Special Fund. Appropriates funds.

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