Hawaii law lets finance director move excess money from state funds
For fiscal year 2026–2027, Hawaii’s finance director may move up to $47,151,001 from 18 listed funds into the general fund.
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What it does
Hawaii’s finance director may move up to $47,151,001 from 18 listed state funds into the general fund. The law identifies the amounts as excess over each fund’s needs.
Argument forThe transfer could give Hawaii more money in its general fund to help keep important services running during federal funding or economic uncertainty.
Argument againstMoving money from these funds could leave less available for their programs, even though the law identifies the balances as excess and states protections for certain obligations.
More detail
The law allows Hawaii’s director of finance to transfer money from the listed funds to the general fund. The authority covers 18 funds listed across several Hawaii state departments, with a total authorized transfer amount of $47,151,001. The listed amounts are identified as excess over the funds’ requirements, and the director may transfer only as much as may be necessary. The law states that transfers are not intended to jeopardize federal aid or state bond obligations, move money already committed, prevent the state from meeting contracts, or include money that cannot legally be transferred. The governor may modify the law’s strict provisions only as needed to carry out these intentions and must report the reasons to the legislature at its next session. The transfer authority applies for fiscal year 2026–2027. Section 2 took effect retroactively on June 30, 2026; the rest of the law took effect July 1, 2026.
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More on this bill
Where it stands
Introduced
Passed Senate
Passed House
To Governor
Became Law
Looking ahead
No hearings or votes scheduled.
History
2026
Jun 26Act 148, 06/25/2026 (Gov. Msg. No. 1249).Latest
Jun 26Act 148, on 06/25/2026 (Gov. Msg. No. 1249).Became Law
May 8Received notice of passage on Final Reading in House (Hse. Com. No. 888).Minor
May 8Enrolled to Governor.To Governor
May 6Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0).Major
Vote recorded Passed Final Reading as amended in CD 1. Result: pass.Lower
May 6Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.Major
May 6Received notice of Final Reading (Sen. Com. No. 816).Minor
May 1Conference committee meeting to reconvene on 05-01-26 1:00 PM; Conference Room 309.
Vote recorded The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
Vote recorded The Conference Committee recommends that the measure be Passed, with Amendments. Result: pass.Lower
May 1Conference committee meeting to reconvene on 05-01-26 3:30 PM; Conference Room 309.
May 1The 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.Minor
May 1The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 3 Ayes: Representative(s) Todd, Takenouchi, Gedeon; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.Minor
May 1Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 137-26).
May 148 Hrs. Notice (as amended CD 1) 05-06-26.
May 1Reported from Conference Committee (Conf Com. Rep. No. 137-26) as amended in (CD 1).
May 1Forty-eight (48) hours notice Wednesday, 05-06-26.
Apr 30Conference committee meeting to reconvene on 05-01-26 11:00AM; Conference Room 309.
Apr 29Conference committee meeting scheduled for 04-30-26 11:00AM; CR 309.
Apr 22Received notice of Senate conferees (Sen. Com. No. 720).Minor
Apr 20Received notice of appointment of House conferees (Hse. Com. No. 787).Minor
Apr 16Received from House (Hse. Com. No. 715).Minor
Apr 16Senate disagrees with House amendments.Minor
Apr 16Received notice of disagreement (Sen. Com. No. 710).Minor
Apr 14Passed Third Reading with Representative(s) Iwamoto voting aye with reservations; none voting no (0) and Representative(s) Quinlan excused (1). Transmitted to Senate.Passed House
Vote recorded Passed Third Reading. Result: pass.Lower
Apr 9Reported from FIN (Stand. Com. Rep. No. 1987-26) as amended in HD 1, recommending passage on Second Reading and placement on the calendar for Third Reading.
Vote recorded Passed Second Reading as amended in HD 1; placed on the calendar for Third Reading. Result: pass.Lower
Apr 9Passed Second Reading as amended in HD 1; placed on the calendar for Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran excused (1).
Apr 7The 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.Minor
Vote recorded The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. Result: pass.Lower
Apr 2Bill scheduled to be heard by FIN on Tuesday, 04-07-26 2:00PM in House conference room 308 VIA VIDEOCONFERENCE.
Mar 12Pass First ReadingMinor
Mar 12Referred to FIN, referral sheet 17Minor
Mar 10Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.Passed Senate
Vote recorded Passed Third Reading, as amended (SD 1). Result: pass.Upper
Mar 10Received from Senate (Sen. Com. No. 319) in amended form (SD 1).Minor
Mar 6Reported from WAM (Stand. Com. Rep. No. 2964) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.
Mar 6Report adopted; Passed Second Reading, as amended (SD 1).Minor
Mar 648 Hrs. Notice 03-10-26.
Mar 4The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: Senator(s) Inouye, Richards ; 0 No(es): none; and 0 Excused: none.Minor
Vote recorded The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
Mar 2The committee(s) on WAM deferred the measure until 03-04-26 10:32AM; Conference Room 211 & Videoconference.Minor
Feb 27The committee(s) on WAM has scheduled a public hearing on 03-02-26 10:00AM; Conference Room 211 & Videoconference.