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HB339HIIntroduced 2026 Regular Session

Relating To Electric Utilities.

Last status update Jan 17, 2025

What this measure contains

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)

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Source: legiscan· Loaded Oct 30, 2026· Snapshot export date not suppliedOriginal record ↗

Bill text and versions

Drafts can change as a measure moves through the Legislature. Check the version attached to a recorded vote.

Related measures

  • SB137— Same As
  • HB339— Carry Over

Related measures may contain different language or follow different histories.

How this measure moved

Legislative path

Each stage below is a recorded decision from the official measure history, attached to the draft it considered. A member's row follows their votes from the first draft to the latest, and a highlighted vote marks where it changed. Committee and conference votes list every member by name. Floor votes list only exceptions; members serving that day who aren't named are shown as ayes in a dashed outline.

  1. Introduced
  2. HD1by EEP
  3. HD2by CPC

Companion measures: SB137, HB339. A companion follows its own path; its votes are not combined with this one.

Decision stages

  1. House EEP committee on the introduced draft: Passed, with amendments, reported as HD1

    4 aye · 0 no · 2 excused

  2. House second reading on HD1: Passed

    46 aye · 2 aye with reservations · 0 no · 3 excused

  3. House CPC committee on HD1: Passed, with amendments, reported as HD2

    8 aye · 1 aye with reservations · 0 no · 1 excused

  4. House report adoption on HD2: Report adopted

    45 aye · 2 aye with reservations · 0 no · 4 excused

House members along the path

32 more House members only counted as floor ayes

Aye named · Aye* with reservations · Aye floor vote, not named as an exception · No · Excused · Changed reversed from the previous vote

Names are matched to legislators only when exactly one person fits; every printed name on this measure was matched. A missing vote means no record was found for that member at that stage, not a no vote. Committee codes follow the Legislature's abbreviations.Official measure history ↗

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Legislative history

  1. Pending introduction.

  2. Introduced and Pass First Reading.

  3. Referred to EEP, CPC, FIN, referral sheet 1

  4. Bill scheduled to be heard by EEP on Tuesday, 01-28-25 9:00AM in House conference room 325 VIA VIDEOCONFERENCE.

  5. 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.

  6. Reported from EEP (Stand. Com. Rep. No. 90) as amended in HD 1, recommending passage on Second Reading and referral to CPC.

  7. 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).

  8. Bill scheduled to be heard by CPC on Thursday, 02-13-25 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.

  9. 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.

  10. Reported from CPC (Stand. Com. Rep. No. 780) as amended in HD 2, recommending referral to FIN.

  11. 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).

  12. Carried over to 2026 Regular Session.

Bill sponsors