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Hawaii bills · 2026 Regular Session

Hawaii HB 974

RELATING TO ENERGY.

  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

Requires the Department of Budget and Finance to enter into step-in agreements for payment obligations arising under certain power purchase agreements. Establishes the Power Purchase Costs Trust Fund. Establishes that money collected from on-bill charges for power purchase agreements and money received from a surcharge supporting a reserve account that are deposited in the Trust Fund shall be held in trust by the State, and that independent power producers shall hold a beneficial interest in the moneys to the extent of the amounts owed under the covered power purchase agreements. Appoints, authorizes, and empowers an electric utility to serve as the billing, collection, and payment agent of the Department of Budget and Finance in the service of performing step-in agreements. (SD1)

Text versions

Roll-call votes

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

DateVoteResultYour legislators
Mar 20, 2025
Senate
The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS.passSet your home in Hawaii to see
Mar 20, 2025
Senate
The committee(s) on EIG recommend(s) that the measure be PASSED, WITH AMENDMENTS.passSet your home in Hawaii to see
Feb 20, 2025
House
The committee on FIN recommend that the measure be PASSED, UNAMENDED.passSet your home in Hawaii to see
Feb 13, 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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