SB2804 • 2026

RELATING TO COMMERCE.

Active

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

Sponsor: DELA CRUZ, CHANG, HASHIMOTO, INOUYE, KIDANI, MORIWAKI
Last action: 2026-04-16
Official status: Received notice of disagreement (Sen. Com. No. 710).
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 COMMERCE.

What This Bill Does

RELATING TO COMMERCE.
Monopolies; Restraint of Trade; Health Care; Insurance Prohibits acquiring and holding stocks and other interests if the acquisition and holding lessens access to health care or increases insurance rates.
Effective 7/1/3000.
(HD1)

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.

HD1

Hawaii published version HD1

Plain English: SB2804 HD1 THE SENATE S.B.

SB2804 HD1 THE SENATE S.B.
NO.
2804 THIRTY-THIRD LEGISLATURE, 2026 S.D.
1 STATE OF HAWAII H.D.

SD1

Hawaii published version SD1

Plain English: SB2804 SD1 THE SENATE S.B.

SB2804 SD1 THE SENATE S.B.
NO.
2804 THIRTY-THIRD LEGISLATURE, 2026 S.D.
1 STATE OF HAWAII A BILL FOR AN ACT RELATING TO COMMERCE .

Bill History

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. 703).
2026-04-14 H
Passed Third Reading with none voting aye with reservations; Representative(s) Shimizu voting no (1) and Representative(s) Quinlan excused (1). Transmitted to Senate.
2026-04-10 H
Deferred one day 04-14-26.
2026-04-10 H
Reported from CPC (Stand. Com. Rep. No. 2080-26), recommending passage on Third Reading.
2026-04-07 H
The committee on CPC recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 11 Ayes: Representative(s) Matayoshi, Grandinetti, Chun, Ilagan, Ichiyama, Iwamoto, Kong, Lowen, Marten, Tam, Pierick; Ayes with reservations: none; Noes: none; and Excused: none.
2026-04-02 H
Bill scheduled to be heard by CPC on Tuesday, 04-07-26 2:05PM in House conference room 329 VIA VIDEOCONFERENCE.
2026-03-24 H
Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with none voting aye with reservations; none voting no (0) and Representative(s) Garrett, Quinlan excused (2).
2026-03-24 H
Reported from HLT (Stand. Com. Rep. No. 1352-26) as amended in HD 1, recommending passage on Second Reading and referral to CPC.
2026-03-20 H
The committee on HLT recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Takayama, Keohokapu-Lee Loy, Amato, Marten, Olds, Takenouchi, Alcos, Garcia; Ayes with reservations: Representative(s) Hartsfield; Noes: none; and Excused: none.
2026-03-17 H
Bill scheduled to be heard by HLT on Friday, 03-20-26 9:30AM in House conference room 329 VIA VIDEOCONFERENCE.
2026-03-12 H
Referred to HLT, CPC, referral sheet 17
2026-03-12 H
Pass First Reading
2026-03-10 H
Received from Senate (Sen. Com. No. 299) in amended form (SD 1).
2026-03-10 S
Report adopted; Passed Third Reading. Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
2026-03-06 S
One Day Notice 03-10-26.
2026-03-06 S
Reported from CPN/JDC (Stand. Com. Rep. No. 2896) with recommendation of passage on Third Reading.
2026-03-04 S
The committee(s) on JDC recommend(s) that the measure be PASSED, UNAMENDED. The votes in JDC were as follows: 5 Aye(s): Senator(s) Rhoads, Gabbard, Chang, San Buenaventura, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
2026-03-04 S
The committee(s) on CPN recommend(s) that the measure be PASSED, UNAMENDED. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, Lamosao, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) McKelvey.
2026-02-27 S
The committee(s) on CPN/JDC will hold a public decision making on 03-04-26 9:25AM; Conference Room 229 & Videoconference.
2026-02-18 S
Report adopted; Passed Second Reading, as amended (SD 1) and referred to CPN/JDC.
2026-02-18 S
Reported from HHS (Stand. Com. Rep. No. 2346) with recommendation of passage on Second Reading, as amended (SD 1) and referral to CPN/JDC.
2026-02-13 S
The committee(s) on HHS recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HHS were as follows: 5 Aye(s): Senator(s) San Buenaventura, McKelvey, Kanuha, Keohokalole, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
2026-02-10 S
The committee(s) on HHS added the measure to the public hearing scheduled on 02-13-26 1:00PM; CR 225 & Videoconference.
2026-01-30 S
Referred to HHS, CPN/JDC.
2026-01-26 S
Passed First Reading.
2026-01-23 S
Introduced.

Official Summary Text

RELATING TO COMMERCE.
Monopolies; Restraint of Trade; Health Care; Insurance
Prohibits acquiring and holding stocks and other interests if the acquisition and holding lessens access to health care or increases insurance rates. Effective 7/1/3000. (HD1)

Current Bill Text

Read the full stored bill text

SB2804

THE SENATE

S.B. NO.

2804

THIRTY-THIRD LEGISLATURE, 2026

STATE OF HAWAII

A BILL FOR AN ACT

relating
to commerce
.

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

����
SECTION
1
.
�
Section 480-7, Hawaii Revised Statutes, is
amended by amending subsection (a) to read as follows:

����
"(a)
�

No person shall acquire and hold, directly or indirectly, the whole or
any part of the stock, interest, or membership of any other person, or the
whole or any part of the assets of any other person, where the effect of the
acquisition and holding may be substantially to lessen competition,
lessen
access to health care, increase insurance rates,
or to tend to create a
monopoly in any line of commerce in any section of the State; provided that
this subsection shall not apply to any person acquiring and holding the stock,
interest, or membership solely for investment and not using the same by voting
or otherwise to bring about, or in attempting to bring about, the substantial
lessening of competition or the creation of a monopoly in any line of commerce
in any section of the State.
�
Nor shall
anything in this subsection prevent a person from causing the formation of a
subsidiary business entity for the actual carrying on of its immediate lawful
business, or the natural and legitimate branches or extensions thereof, or from
owning and holding all or a part of the stock, interest, or membership of a
subsidiary business entity, when the effect of the formation is not
substantially to lessen competition.

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As used in this subsection:

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"Control" means:

����
(1)
�
Owning
or having the power to vote eighty per cent or more of any class of voting
securities of the subsidiary;

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(2)
�
Having
the power to elect, by any means, a majority of the directors; or

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(3)
�
Having
the power to exercise a dominant influence over the management and policies of
the subsidiary.

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"Subsidiary" means any person
that is under the control of a person."

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SECTION 2.
�

This Act does not affect rights and duties that matured, penalties that
were incurred, and proceedings that were begun before its effective date.

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SECTION 3.
�

New statutory material is underscored.

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SECTION 4.
�

This Act shall take effect upon its approval.

INTRODUCED
BY:

_____________________________

Report Title:

Monopolies;
Restraint of Trade; Health Care; Insurance

Description:

Prohibits
acquiring and holding stocks and other interests if the acquisition and holding
lessens access to health care or increases insurance rates.

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