SB2598 • 2026

RELATING TO NON-GENERAL FUNDS.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: DELA CRUZ
Last action: 2026-05-08
Official status: Enrolled to Governor.
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 NON-GENERAL FUNDS.

What This Bill Does

RELATING TO NON-GENERAL FUNDS.
Special Funds; Revolving Funds Authorizes the use of moneys in certain special and revolving funds for operation and administration costs of related programs.
Authorizes the use of the Hawaii agricultural development revolving fund moneys for the acquisition of interests or rights in land and any ongoing costs related thereto.
(CD1)

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.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

CD1

Hawaii published version CD1

Plain English: SB2598 CD1 THE SENATE S.B.

SB2598 CD1 THE SENATE S.B.
NO.
2598 THIRTY-THIRD LEGISLATURE, 2026 H.D.
1 STATE OF HAWAII C.D.

HD1

Hawaii published version HD1

Plain English: SB2598 HD1 THE SENATE S.B.

SB2598 HD1 THE SENATE S.B.
NO.
2598 THIRTY-THIRD LEGISLATURE, 2026 H.D.
1 STATE OF HAWAII A BILL FOR AN ACT RELATING TO NON-GENERAL FUNDS .

Bill History

2026-05-08 S
Enrolled to Governor.
2026-05-08 S
Received notice of passage on Final Reading in House (Hse. Com. No. 888).
2026-05-06 H
Received notice of Final Reading (Sen. Com. No. 816).
2026-05-06 H
Passed Final Reading as amended in CD 1 with none voting aye with reservations; Representative(s) Alcos, Cochran, Garcia, Gedeon, Muraoka voting no (5) and none excused (0).
2026-05-06 S
Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.
2026-05-01 H
Forty-eight (48) hours notice Wednesday, 05-06-26.
2026-05-01 H
Reported from Conference Committee (Conf Com. Rep. No. 136-26) as amended in (CD 1).
2026-05-01 S
48 Hrs. Notice (as amended CD 1) 05-06-26.
2026-05-01 S
Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 136-26).
2026-05-01 H
The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 2 Ayes: Representative(s) Todd, Takenouchi; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Gedeon.
2026-05-01 S
The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 2 Aye(s): Senator(s) Moriwaki, Hashimoto; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.
2026-05-01 S
Conference committee meeting to reconvene on 05-01-26 3:30 PM; Conference Room 309.
2026-05-01 S
Conference committee meeting to reconvene on 05-01-26 1:00 PM; Conference Room 309.
2026-04-30 S
Conference committee meeting to reconvene on 05-01-26 11:00AM; Conference Room 309.
2026-04-29 S
Conference committee meeting scheduled for 04-30-26 11:00AM; CR 309.
2026-04-22 H
Received notice of Senate conferees (Sen. Com. No. 720).
2026-04-21 S
Senate Conferees Appointed: Moriwaki Chair; Hashimoto, Fevella.
2026-04-20 S
Received notice of appointment of House conferees (Hse. Com. No. 787).
2026-04-20 H
House Conferees Appointed: Todd Chair; Takenouchi, Gedeon.
2026-04-16 H
Received notice of disagreement (Sen. Com. No. 710).
2026-04-16 S
Senate disagrees with House amendments.
2026-04-16 S
Received from House (Hse. Com. No. 677).
2026-04-14 H
Passed Third Reading with Representative(s) Iwamoto, Reyes Oda voting aye with reservations; Representative(s) Alcos, Cochran, Garcia, Gedeon, Muraoka voting no (5) and Representative(s) Quinlan excused (1). Transmitted to Senate.
2026-04-09 H
Passed Second Reading as amended in HD 1; placed on the calendar for Third Reading with Representative(s) Garcia, Gedeon, Pierick voting aye with reservations; Representative(s) Alcos voting no (1) and Representative(s) Cochran excused (1).
2026-04-09 H
Reported from FIN (Stand. Com. Rep. No. 1985-26) as amended in HD 1, recommending passage on Second Reading and placement on the calendar for Third Reading.
2026-04-07 H
The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 16 Ayes: Representative(s) Todd, Takenouchi, Hartsfield, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lee, M., Miyake, Morikawa, Perruso, Templo, Yamashita, Alcos, Gedeon, Reyes Oda; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.
2026-04-02 H
Bill scheduled to be heard by FIN on Tuesday, 04-07-26 2:00PM in House conference room 308 VIA VIDEOCONFERENCE.
2026-03-10 H
Referred to FIN, referral sheet 16
2026-03-10 H
Pass First Reading
2026-03-06 H
Received from Senate (Sen. Com. No. 69).
2026-03-06 S
Passed Third Reading. Ayes, 24; Aye(s) with reservations: none. Noes, 0 (none). Excused, 1 (Senator(s) Ihara). Transmitted to House.
2026-03-05 S
One Day Notice 3/06/2026.
2026-03-05 S
Report adopted; Passed Second Reading.
2026-03-05 S
Reported from WAM (Stand. Com. Rep. No. 2817) with recommendation of passage on Second Reading and placement on the calendar for Third Reading.
2026-03-02 S
The 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.
2026-02-27 S
The committee(s) on WAM has scheduled a public hearing on 03-02-26 10:00AM; Conference Room 211 & Videoconference.
2026-01-28 S
Referred to WAM.
2026-01-23 S
Passed First Reading.
2026-01-23 S
Introduced.

Official Summary Text

RELATING TO NON-GENERAL FUNDS.
Special Funds; Revolving Funds
Authorizes the use of moneys in certain special and revolving funds for operation and administration costs of related programs. Authorizes the use of the Hawaii agricultural development revolving fund moneys for the acquisition of interests or rights in land and any ongoing costs related thereto. (CD1)

Current Bill Text

Read the full stored bill text

SB2598

THE SENATE

S.B. NO.

2598

THIRTY-THIRD LEGISLATURE, 2026

STATE OF HAWAII

A BILL FOR AN ACT

RELATING
TO NON-GENERAL FUNDS
.

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

����
SECTION 1.
�
The legislature finds that fluctuating
federal policies continue to cause widespread challenges across the country,
including reduced funding for federal and state programs that provide essential
community services.
�
To address these often
sudden changes, the executive branch must have the ability to adapt to
fluctuating revenue projections by shifting available moneys.

����
Accordingly,
the purpose of this Act is to allow the moneys in certain special or revolving funds
to be used for administrative and operating costs of the related programs.

����
SECTION
2
.
�
Section 163D-17, Hawaii Revised Statutes, is
amended by amending subsection (b) to read as follows:

����
"(b)
�

The corporation shall hold the fund in an account or accounts separate
from other funds.
�
The corporation shall
invest and reinvest the fund and the income thereof to:

����
(1)
�
Purchase
qualified securities issued by enterprises for the purpose of raising seed
capital; provided that the investment shall comply with the requirements of
this chapter;

����
(2)
�
Make
grants, loans, and provide other monetary forms of assistance necessary to
carry out the purposes of this chapter; and

����
(3)
�
Purchase
securities as may be lawful investments for fiduciaries in the State.

����
All appropriations, grants, contractual
reimbursements, and other funds not designated for this purpose may be used to
pay for the proper general expenses and to carry out the purposes of the
corporation[
.
]
, including for personnel and other operating costs.
"

����
SECTION
3
.
�
Section 206E-16, Hawaii Revised Statutes, is
amended to read as follows:

����
"
�206E-16
�
Hawaii
community
development special fund.
�
There is
created the Hawaii community development special fund into which all receipts
and revenues of the authority shall be deposited.
�
Proceeds from the fund shall be used for the
purposes of this chapter[
.
]
, including the costs of its administration.
"

����
SECTION 4.
�
Section 206M-62, Hawaii Revised Statutes, is
amended to read as follows:

����
"
[
[
]
�206M-62[
]
]
�
Strategic development programs revolving
fund.
�
(a)
�

There is established the strategic development programs revolving
fund.
�
The following moneys shall be
deposited into the strategic development programs revolving fund and shall not
be considered part of the general fund:
�

all moneys appropriated by the legislature, received as repayments of
loans, earned on investments, received pursuant to a venture agreement, received
as royalties, received as premiums or fees charged by the development corporation,
or otherwise received by the development corporation.

����
(b)
�
Moneys in the strategic development programs
revolving fund shall be used for the following purposes:

����
(1)
�
To
administer and fund the cost of operations of strategic development programs under
part V of chapter 206M; and

����
(2)
�
For
any other purpose deemed necessary to carry out the purposes of part V of chapter
206M.
"

����
SECTION
5
.
�
Section 302A-1706, Hawaii Revised Statutes,
is amended by amending subsection (c) to read as follows:

����
"
(c)
�
The school facilities special fund
shall be administered by the authority and
used to fund any school development, planning, or construction project,
including prekindergarten facilities, within the jurisdiction of the authority[
.
]
,
including the cost of operations.
"

����
SECTION 6.
�

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

����
SECTION 7.
�

This Act shall take effect upon its approval.

INTRODUCED BY:

_____________________________

Report Title:

Special Funds; Revolving Funds

Description:

Authorizes the use of moneys in certain special and
revolving funds for operation and administration costs of the programs.

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