Requires the Public Utilities Commission to consider whether approving a proposed merger or acquisition would or would not further the State's renewable energy goals. Prohibits the acquiring entity of an electric utility company from terminating or attempting to renegotiate any existing and valid power purchase agreements and requires the acquiring entity to assume and be bound by existing collective bargaining agreements and retain all covered employees. 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, the electric utility shall demonstrate that it solicited bids from potential acquiring entities that operate under a non-investor-owned utility ownership model.
More detail
Requires the electric utility to submit acceptable bids from a potential acquiring entity operating under a non-investor-owned utility ownership model concurrently with an application by a potential acquiring entity that is an investor-owned utility and the Public Utilities Commission to review those applications concurrently. Effective 7/1/3000. (HD1)
2
Where do you stand?
Choose your position
3
Tell your reps
Take a position to see your representatives and ways to contact them.
4
More on this bill
Where it stands
Introduced
Passed Senate
3Passed House
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2025
Mar 19The committee(s) on CPC recommend(s) that the measure be deferred.Latest
Mar 14Reported from EEP (Stand. Com. Rep. No. 1246) as amended in HD 1, recommending passage on Second Reading and referral to CPC.
Mar 14Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with none voting aye with reservations; Representative(s) Pierick voting no (1) and Representative(s) Cochran, Holt, Iwamoto, Ward excused (4).Minor
Mar 14Bill scheduled to be heard by CPC on Wednesday, 03-19-25 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.
Mar 12The committee on EEP recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 4 Ayes: Representative(s) Lowen, Perruso, Kahaloa, Kusch; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Quinlan, Ward.Minor
Vote recorded The committee on EEP recommend that the measure be PASSED, WITH AMENDMENTS. Result: pass.Lower
Mar 11The committee(s) on EEP recommend(s) that the measure be deferred until 03-12-25 11:15AM.Minor
Mar 11Bill scheduled for decision making on Wednesday, 03-12-25 11:15AM in conference room 325 VIA VIDEOCONFERENCE.
Mar 7Bill scheduled to be heard by EEP on Tuesday, 03-11-25 9:00AM in House conference room 325 VIA VIDEOCONFERENCE.
Mar 6Pass First ReadingMinor
Mar 6Referred to EEP, CPC, FIN, referral sheet 19Minor
Mar 4Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.Passed Senate
Vote recorded Report adopted; Passed Third Reading, as amended (SD 2). Result: pass.Upper
Mar 4Received from Senate (Sen. Com. No. 96) in amended form (SD 2).Minor
Feb 28Reported from JDC/WAM (Stand. Com. Rep. No. 985) with recommendation of passage on Third Reading, as amended (SD 2).
Feb 2848 Hrs. Notice 03-04-25.
Feb 26The committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. 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.Minor
Vote recorded The committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
Vote recorded The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
Feb 26The 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, Aquino, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.Minor
Feb 21The committee(s) on JDC/WAM will hold a public decision making on 02-26-25 10:05AM; Conference Room 211 & Videoconference.
Feb 10Reported from CPN (Stand. Com. Rep. No. 165) with recommendation of passage on Second Reading, as amended (SD 1) and referral to JDC/WAM.
Feb 10Report adopted; Passed Second Reading, as amended (SD 1) and referred to JDC/WAM.Minor
Jan 31The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 3 Aye(s): Senator(s) Keohokalole, Fukunaga, McKelvey; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Richards, Awa.Minor
Vote recorded The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
Jan 28The committee(s) on CPN deferred the measure until 01-31-25 9:35AM; Conference Room 229.Minor
Jan 23The committee(s) on CPN has scheduled a public hearing on 01-28-25 9:30AM; Conference Room 229 & Videoconference.