Hawaii legislation · 2026 Regular Session
Hawaii HB2547: Relating to Corporate Bonds.
Status: Signed into law, June 9, 2026
Authorizes the Director of Finance to invest certain state moneys in short-term investment grade corporate bonds.
What the bill says
A bill for an act relating to corporate bonds.
From the enrolled text:
A BILL FOR AN ACT RELATING TO CORPORATE BONDS. SECTION 1. The legislature finds that the state treasury holds all state funds, and all funds that are in excess of immediate needs are invested in securities authorized under section 36-21, Hawaii Revised Statutes. According to a national investment research company, investment grade corporate bonds have current average yields of four to six per cent. The legislature further finds that investment grade corporate bonds are considered to carry a relatively low credit risk. Providing more investment securities for the director of finance to consider and invest in will help increase investment earnings and make more resources available for state programs and to pay down obligations. Accordingly, the purpose of this Act is to authorize the director of finance to invest certain state moneys in short-term investment grade corporate bonds. SECTION 2. Section 36-21, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows: 2026--3474 HB2547 CD1 HMSO H.B. NO. ~ Page2 C.D. "(a) The director of finance may invest any moneys of the State which in the director's judgment are in excess of the amounts necessary for meeting the immediate requirements of the State and where in the director's judgment the action will not impede or hamper the necessary financial operations of the State in: (1) Any bonds …
Sponsors
- Nadine Nakamura (D, 15) · primary sponsor
- Susan Keohokapu-Lee Loy (D, 2)
- Lisa Kitagawa (D, 48)
- Matthias Kusch (D, 1)
- Tyson Miyake (D, 10)
- Daynette Morikawa (D, HD-017)
- Shirley Ann Templo (D, 30)
Latest actions
- : Act 115, on 06/08/2026 (Gov. Msg. No. 1215).
- : Act 115, 06/08/2026 (Gov. Msg. No. 1215).
- : Received notice of passage on Final Reading in House (Hse. Com. No. 888).
- : Transmitted to Governor.
- : Received notice of Final Reading (Sen. Com. No. 816).
- : Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0).
- : Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.
- : 48 Hrs. Notice (as amended CD 1) 05-06-26
- : Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 139-26).
- : Forty-eight (48) hours notice Wednesday, 05-06-26.
Votes
- Passed Final Reading, as amended (CD 1) (May 6, 2026): 25 yea, 0 nay, passed
- Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0) (May 6, 2026): 51 yea, 0 nay, passed
- none. (May 1, 2026): 3 yea, 0 nay, passed
- Conference Committee Vote (May 1, 2026): 2 yea, 0 nay, passed
- Passed Third Reading, as amended (SD 1) (April 14, 2026): 25 yea, 0 nay, passed
- WAM: recommend(s) that the measure be PASSED, WITH AMENDMENTS (April 9, 2026): 13 yea, 0 nay, passed
Subjects: Report, Corporate Bonds
Common questions
- What is HB2547?
- HB2547 is a bill in the Hawaii Legislature (2026 Regular Session): Relating to Corporate Bonds.
- What does HB2547 do?
- In its own words: A bill for an act relating to corporate bonds.
- What is the status of HB2547?
- Signed into law as of June 9, 2026. Latest action: Act 115, on 06/08/2026 (Gov. Msg. No. 1215). (June 9, 2026).
- Who sponsored HB2547?
- Nadine Nakamura (D, 15), with 6 co-sponsors.
- Where is the official record for HB2547?
- On the Hawaii Legislature website: https://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=HB&billnumber=2547&year=2026
Source: official Hawaii record. Tracked by Delilah, AI for legislation across all 50 states and Congress.