Hawaii legislation · 2026 Regular Session
Hawaii HB202: Relating to the Adequate Reserve Fund.
Status: Failed, April 21, 2026
Amends the definition of "adequate reserve fund" for calendar years 2026 through 2028.
What the bill says
A bill for an act relating to the adequate reserve fund.
From the engrossed text:
A BILL FOR AN ACT RELATING TO THE ADEQUATE RESERVE FUND. SECTION 1. Section 383-63, Hawaii Revised Statutes, is amended by amending the definition of "adequate reserve fund" to read as follows: ""Adequate reserve fund" means an amount that is equal to the amount derived by multiplying the benefit cost rate that is the highest during the ten-year period ending on November 30 of each year by the total remuneration paid by all employers, with respect to all employment for which contributions are payable during the last four calendar quarters ending on June 30 of the same year, as reported on contribution reports filed on or before October 31 of the same year. "Remuneration", as used in this definition, means wages as defined in section 383-10. For the purpose of determining the highest benefit cost rate, the benefit cost rate for the first twelve-consecutive-calendarmonth period beginning with the first day of the first month of the ten-year period and for each succeeding twelve-consecutiveHB202 SD2 LRB 25-1742.docx iiiiiiiiiiiiiiiiiiiiiiiriimiiii! Page 2 H.B. NO. calendar-month period beginning with the first day of each subsequent month shall be computed. [Effective--for the calendar years--1992--through 2007,--aftd for calendar year ■ 2-Qlrl7--"adequate reserve--fund" means an amount: that is equal to the amount derived by multiplying the benefit cost rate that is the highest during the ton-year period …
Sponsors
- Jackson Sayama (D, 21) · primary sponsor
- Michael Lee (D, 50)
- Jenna Takenouchi (D, 27)
- Kyle Yamashita (D, 12)
Latest actions
- : Received notice of appointment of House conferees (Hse. Com. No. 799).
- : House Conferees Appointed: Sayama, Lee, M. Co-Chairs; Reyes Oda.
- : Received notice of the discharge of all House Conferees (Hse. Com. No. 457).
- : House Conferee(s) discharged.
- : Received notice of all Senate conferees being discharged (Sen. Com. No. 409).
- : Senate Conferee(s) discharged.
- : Carried over to 2026 Regular Session.
- : Conference Committee Meeting will reconvene on Thursday 04-24-25 10:00AM in conference room 016.
- : Conference Committee Meeting will reconvene on Wednesday 04-23-25 10:00AM in conference room 016.
- : Bill scheduled for Conference Committee Meeting on Monday, 04-21-25 10:00AM in conference room 016.
Votes
- Report adopted; Passed Third Reading, as amended (SD 2) (April 8, 2025): 25 yea, 0 nay, passed
- WAM: recommend(s) that the measure be PASSED, WITH AMENDMENTS (April 2, 2025): 13 yea, 0 nay, passed
- LBT: recommend(s) that the measure be PASSED, WITH AMENDMENTS (March 12, 2025): 4 yea, 0 nay, passed
- Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Pierick, Templo, Ward excused (4) (February 27, 2025): 47 yea, 0 nay, passed
- FIN: recommend that the measure be PASSED, UNAMENDED (February 21, 2025): 12 yea, 0 nay, passed
- Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Sayama, Ward excused (3) (February 12, 2025): 48 yea, 0 nay, passed
Subjects: Report, The Adequate Reserve Fund, Insurance, Study, Reports
Common questions
- What is HB202?
- HB202 is a bill in the Hawaii Legislature (2026 Regular Session): Relating to the Adequate Reserve Fund.
- What does HB202 do?
- In its own words: A bill for an act relating to the adequate reserve fund.
- What is the status of HB202?
- Failed as of April 21, 2026. Latest action: Received notice of appointment of House conferees (Hse. Com. No. 799). (April 21, 2026).
- Who sponsored HB202?
- Jackson Sayama (D, 21), with 3 co-sponsors.
- Where is the official record for HB202?
- On the Hawaii Legislature website: https://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=HB&billnumber=202&year=2026
Source: official Hawaii record. Tracked by Delilah, AI for legislation across all 50 states and Congress.