Hawaii SB2598: Relating to Non-general Funds.

What the bill says

A bill for an act relating to non-general funds.

From the enrolled text:

A BILL FOR AN ACT RELATING TO NON-GENERAL FUNDS. SECTION 1. The legislature finds that fluctuating federal policies continue to cause widespread challenges across the country, including reduced funding for federal and state programs that provide essential community services. To address these often sudden changes, the executive branch must have the ability to adapt to fluctuating revenue projections by shifting available moneys. Accordingly, the purpose of this Act is to allow the moneys in certain special or revolving funds to be used for administrative and operating costs of the related programs. SECTION 2. Section 163D-17, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows: " (b) The corporation shall hold the fund in an account or accounts separate from other funds. The corporation shall [invest and reinvest] use the fund [and the income--to: (1) Purchase qualified securities issued by enterprises for the purpose of raising seed capital; provided that SB2598 CDl LRB 26-1369.docx Page 2 S.B. NO 2598 H.D. C.D. the investment shall comply with the requirements of this chapter; (2) Acquire interests or rights in land having value to the State for agricultural production, agricultural infrastructure, irrigation, watershed protection related to agricultural viability, or other purpose consistent with this chapter. The interests or rights in land acquired may include the fee title, the establishment of …

Read the full official text

Sponsors

• Dela Cruz, Donovan (D, 17) · primary sponsor

Latest actions

1. June 26, 2026: Act 147, on 06/25/2026 (Gov. Msg. No. 1248).
2. June 26, 2026: Act 147, 06/25/2026 (Gov. Msg. No. 1248).
3. May 8, 2026: Enrolled to Governor.
4. May 8, 2026: Received notice of passage on Final Reading in House (Hse. Com. No. 888).
5. May 6, 2026: Received notice of Final Reading (Sen. Com. No. 816).
6. May 6, 2026: Passed Final Reading as amended in CD 1 with none voting aye with reservations; Representative(s) Alcos, Cochran, Garcia, Gedeon, Muraoka voting no (5) and none excused (0).
7. May 6, 2026: Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.
8. May 1, 2026: Forty-eight (48) hours notice Wednesday, 05-06-26.
9. May 1, 2026: Reported from Conference Committee (Conf Com. Rep. No. 136-26) as amended in (CD 1).
10. May 1, 2026: 48 Hrs. Notice (as amended CD 1) 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; Representative(s) Alcos, Cochran, Garcia, Gedeon, Muraoka voting no (5) and none excused (0) (May 6, 2026): 46 yea, 5 nay, passed
• Representative(s) Gedeon. (May 1, 2026): 2 yea, 0 nay, passed
• Conference Committee Vote (May 1, 2026): 2 yea, 0 nay, passed
• Third Reading with Representative(s) Iwamoto, Reyes Oda voting aye with reservations; Representative(s) Alcos, Cochran, Garcia, Gedeon, Muraoka voting no (5) and Representative(s) Quinlan excused (1) (April 14, 2026): 45 yea, 5 nay, passed
• Second Reading as amended in HD 1; placed on the calendar for Third Reading with Representative(s) Garcia, Gedeon, Pierick voting aye with reservations; Representative(s) Alcos voting no (1) and Repre (April 9, 2026): 49 yea, 1 nay, passed

Common questions

What is SB2598?

SB2598 is a bill in the Hawaii Legislature (2026 Regular Session): Relating to Non-general Funds.

What does SB2598 do?

In its own words: A bill for an act relating to non-general funds.

What is the status of SB2598?

Signed into law as of June 26, 2026. Latest action: Act 147, on 06/25/2026 (Gov. Msg. No. 1248). (June 26, 2026).

Who sponsored SB2598?

Dela Cruz, Donovan (D, 17).

Where is the official record for SB2598?

On the Hawaii Legislature website: https://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=SB&billnumber=2598&year=2026