HI SB 2431
died on adjournmentRELATING TO HEALTH SAVINGS ACCOUNTS.
Hawaii · 2026 Regular Session · upper
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Quick answers
Did HI SB 2431 pass?
No. HI SB 2431 died when the 2026 Regular Session adjourned without final action on it. Bills that die this way are sometimes reintroduced in a later session. Latest recorded action (2026-03-18): The committee(s) on HLT recommend(s) that the measure be deferred.
What is HI SB 2431 about?
For taxable years beginning 1/1/2026, establishes a tiered nonrefundable tax credit for qualified taxpayer insurers that offer one or more federally qualified health savings account-eligible high deductible health plans in the State, under certain conditions, and increasing the tax credit to incentivize more plans being written for residents in rural medically underserved areas of the State. Requires qualified taxpayer insurers to match up to a certain amount of a policyholder's first-time contribution into a health savings account. Sunsets 12/31/2030. Effective 7/1/2050. (SD1)
Who sponsors HI SB 2431?
KANUHA, CHANG, HASHIMOTO are the primary sponsors of HI SB 2431.
Description
For taxable years beginning 1/1/2026, establishes a tiered nonrefundable tax credit for qualified taxpayer insurers that offer one or more federally qualified health savings account-eligible high deductible health plans in the State, under certain conditions, and increasing the tax credit to incentivize more plans being written for residents in rural medically underserved areas of the State. Requires qualified taxpayer insurers to match up to a certain amount of a policyholder's first-time contribution into a health savings account. Sunsets 12/31/2030. Effective 7/1/2050. (SD1)
- Introduced
- 2026-01-22
- Latest action
- 2026-03-18 — The committee(s) on HLT recommend(s) that the measure be deferred.
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- KANUHAprimary
- CHANGprimary
- HASHIMOTOprimary
Committees
Not provided by source.
Action timeline
Newest first
2026-03-18
The committee(s) on HLT recommend(s) that the measure be deferred.
deferral
2026-03-12
Pass First Reading
reading-1
2026-03-12
Referred to HLT, CPC, FIN, referral sheet 17
referral-committee
2026-03-12
Bill scheduled to be heard by HLT on Wednesday, 03-18-26 9:00AM in House conference room 329 VIA VIDEOCONFERENCE.
2026-03-10
Report adopted; Passed Third Reading. Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
passage
2026-03-10
Received from Senate (Sen. Com. No. 239) in amended form (SD 1).
introduction,receipt
2026-03-06
Reported from WAM (Stand. Com. Rep. No. 2967) with recommendation of passage on Third Reading.
2026-03-06
One Day Notice 03-10-26.
2026-03-05
The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Richards, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
committee-passage-favorable
2026-03-04
The committee(s) on WAM has rescheduled its decision making to 03-05-26 12:04PM; CR 211 & Videoconference.
2026-03-03
The committee(s) on WAM will hold a public decision making on 03-05-26 10:15AM; Conference Room 211 & Videoconference.
2026-02-20
Reported from CPN (Stand. Com. Rep. No. 2549) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2026-02-20
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
passage,reading-2,referral-committee
2026-02-11
The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 4 Aye(s): Senator(s) Keohokalole, Fukunaga, McKelvey, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Lamosao.
committee-passage-favorable
2026-02-05
The committee(s) on CPN has scheduled a public hearing on 02-11-26 9:30AM; CR 229 & Videoconference.
2026-01-28
Referred to CPN, WAM.
referral-committee
2026-01-22
Introduced.
introduction
2026-01-22
Passed First Reading.
reading-1
Versions
Documents
Votes
The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS.
2026-02-11 · pass · 4-0
Member-level votes (5)
- Keohokalole: yes
- Fukunaga: yes
- McKelvey: yes
- Awa: yes
- Lamosao: not voting
The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED.
2026-03-05 · pass · 13-0
Member-level votes (14)
- Dela Cruz: yes
- Moriwaki: yes
- DeCoite: yes
- Elefante: yes
- Hashimoto: yes
- Inouye: yes
- Kanuha: yes
- Kidani: yes
- Kim: yes
- Lee: yes
- C: yes
- Richards: yes
- Wakai: yes
- Fevella: yes
Report adopted; Passed Third Reading.
2026-03-10 · pass · 25-0
Related bills
- Companion bill: HB 1547
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:20:09.051962Z
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