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Hawaii bills · 2026 Regular Session

Hawaii HB 339

RELATING TO ELECTRIC UTILITIES.

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To Governor
  6. Became law

Sponsors

Summary

Official abstract published by the Hawaii legislature· 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)

Text versions

Roll-call votes

State vote data last updated Oct 16, 2026, 8:07 AM.

DateVoteResultYour legislators
Feb 13, 2025
House
The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS.passSet your home in Hawaii to see
Jan 28, 2025
House
The committee on EEP recommend that the measure be PASSED, WITH AMENDMENTS.passSet your home in Hawaii to see

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