HI HB 339
died on adjournmentRELATING TO ELECTRIC UTILITIES.
Hawaii · 2026 Regular Session · lower
Description
Part I: Requires the Public Utilities Commission to impose certain conditions of approval on any order approving, in whole or in part, an application for the proposed acquisition, merger, or consolidation of an electric utility company by an acquiring entity. 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, it must demonstrate that it solicited bids from potential acquiring entities that operate under a non-investor-owned utility ownership model. Requires the electric utility to submit those acceptable bids concurrently with an application by a potential acquiring entity that is an investor-owned utility. Part II: Authorizes the issuance of reimbursable GO bonds for acquiring Hawaiian Electric Industries and converting it to a publicly owned utility. Authorizes the establishment of a non-bypassable electric utility conversion charge, to be deposited into the new Electric Utility Conversion Special Fund. Appropriates Funds. Effective 7/1/3000. (HD2)
- Introduced
- 2025-01-17
- Status date
- —
- Latest action
- 2025-12-08 — Carried over to 2026 Regular Session.
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- LOWENprimary
Committees
Not provided by source.
Action timeline
2025-12-08
Carried over to 2026 Regular Session.
carried-over
2025-02-14
Report adopted; referred to the committee(s) on FIN as amended in HD 2 with Representative(s) Amato, Pierick voting aye with reservations; none voting no (0) and Representative(s) Cochran, Matayoshi, Poepoe, Ward excused (4).
passage,referral-committee
2025-02-14
Reported from CPC (Stand. Com. Rep. No. 780) as amended in HD 2, recommending referral to FIN.
2025-02-13
The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Matayoshi, Chun, Ilagan, Ichiyama, Kong, Lowen, Marten, Tam; Ayes with reservations: Representative(s) Iwamoto; Noes: none; and 1 Excused: Representative(s) Pierick.
committee-passage-favorable
2025-02-11
Bill scheduled to be heard by CPC on Thursday, 02-13-25 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.
2025-02-04
Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with Representative(s) Garcia, Pierick voting aye with reservations; none voting no (0) and Representative(s) Cochran, Kong, Ward excused (3).
reading-2,referral-committee
2025-02-04
Reported from EEP (Stand. Com. Rep. No. 90) as amended in HD 1, recommending passage on Second Reading and referral to CPC.
2025-01-28
The 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; 0 Noes: none; and 2 Excused: Representative(s) Quinlan, Ward.
committee-passage-favorable
2025-01-24
Bill scheduled to be heard by EEP on Tuesday, 01-28-25 9:00AM in House conference room 325 VIA VIDEOCONFERENCE.
2025-01-21
Referred to EEP, CPC, FIN, referral sheet 1
referral-committee
2025-01-17
Introduced and Pass First Reading.
introduction,reading-1
2025-01-16
Pending introduction.
Versions
Documents
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Votes
The committee on EEP recommend that the measure be PASSED, WITH AMENDMENTS.
2025-01-28 · pass · 4-0
Member-level votes (6)
- Lowen: yes
- Perruso: yes
- Kahaloa: yes
- Kusch: yes
- Quinlan: not voting
- Ward: not voting
The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS.
2025-02-13 · pass · 9-0
Member-level votes (10)
- Matayoshi: yes
- Chun: yes
- Ilagan: yes
- Ichiyama: yes
- Kong: yes
- Lowen: yes
- Marten: yes
- Tam: yes
- Iwamoto: yes
- Pierick: not voting
Related bills
- Companion bill: SB 137
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:20:09.051962Z
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