SB1476 • 2026

RELATING TO CAPITAL ADVANCEMENT CONTRACTS.

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor: KOUCHI (Introduced by request of another party)
Last action: 2026-01-21
Official status: Re-Referred to TRS, WAM.
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

RELATING TO CAPITAL ADVANCEMENT CONTRACTS.

What This Bill Does

RELATING TO CAPITAL ADVANCEMENT CONTRACTS.
DOT; Harbor Improvements; Capital Advancement Contracts Amends section 266-19.5(d), HRS, for the purpose of increasing the cap for the contract value of any one capital advancement contract (CAC) and the cap for the total aggregate value of CACs in a fiscal year entered into by the Department of Transportation with private parties for harbor improvements.
Adds reporting requirements for the department.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-01-21 S
Re-Referred to TRS, WAM.
2025-12-08 D
Carried over to 2026 Regular Session.
2025-01-27 S
Referred to TCA, WAM.
2025-01-23 S
Introduced and passed First Reading.
2025-01-21 S
Pending Introduction.

Official Summary Text

RELATING TO CAPITAL ADVANCEMENT CONTRACTS.
DOT; Harbor Improvements; Capital Advancement Contracts
Amends section 266-19.5(d), HRS, for the purpose of increasing the cap for the contract value of any one capital advancement contract (CAC) and the cap for the total aggregate value of CACs in a fiscal year entered into by the Department of Transportation with private parties for harbor improvements. Adds reporting requirements for the department.

Current Bill Text

Read the full stored bill text

SB1476

THE SENATE

S.B. NO.

1476

THIRTY-THIRD LEGISLATURE, 2025

STATE OF HAWAII

A BILL FOR AN ACT

RELATING TO CAPITAL ADVANCEMENT CONTRACTS.

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

����
SECTION 1.
�
Section
266-19.5, Hawaii Revised Statutes, is amended by amending subsection (d) to
read as follows:

����
"(d)
�

The department of transportation may execute capital advancement
contracts pursuant to subsection (a) with a total contract value of [
$2,000,000
]

$5,000,000
or less without legislative approval.
�
[
If the total value of a capital
advancement contract pursuant to subsection (a) is greater than $2,000,000 then
the department of transportation shall obtain legislative approval in the form
of the adoption of a concurrent resolution affirming the purpose, project, and
contract issuance prior to executing the capital advancement contract.
]
�
The total aggregate value of all capital
advancement contracts entered into by the department pursuant to this section
shall not exceed [
$5,000,000
]
$20,000,000
in any [
calendar
]

fiscal
year.
�
The department
shall submit a report to the legislature of all executed capital advancement
contracts for the previous twelve month period from July 1 to June 30 no later
than twenty days prior to the convening of the regular session of 2026 and each
regular session thereafter.
"

����
SECTION 2.
�

Statutory material to be repealed is bracketed and stricken.
�
New statutory material is underscored.

����
SECTION 3.
�

This Act shall take effect upon its approval.

INTRODUCED BY:

_____________________________

BY REQUEST

Report Title:

DOT; Harbor Improvements; Capital Advancement Contracts

Description:

Amends section 266-19.5(d), HRS, for the purpose of increasing
the cap for the contract value of any one capital advancement contract (CAC)
and the cap for the total aggregate value of CACs in a fiscal year entered into
by the Department of Transportation with private parties for harbor
improvements. Adds reporting requirements for the department.

The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.