Relating To Energy.
Last status update Feb 27, 2025
What this measure contains
Requires the Department of Budget and Finance to enter into step-in agreements for payment obligations arising under certain power purchase agreements. Establishes the Power Purchase Costs Trust Fund. Establishes that money collected from on-bill charges for power purchase agreements and money received from a surcharge supporting a reserve account that are deposited in the Trust Fund shall be held in trust by the State, and that independent power producers shall hold a beneficial interest in the moneys to the extent of the amounts owed under the covered power purchase agreements. Appoints, authorizes, and empowers an electric utility to serve as the billing, collection, and payment agent of the Department of Budget and Finance in the service of performing step-in agreements. (SD1)
Source summary of the imported measure. Amendments can change the wording; read a specific version for its complete provisions.
Read the full bill at its source ↗Bill text and versions
Drafts can change as a measure moves through the Legislature. Check the version attached to a recorded vote.
- Introduced · Official document ↗· Jan 21, 2025
- Amended · Official document ↗· Feb 14, 2025
- Amended · Official document ↗· Mar 21, 2025
Related measures
- HB974— Carry Over
Related measures may contain different language or follow different histories.
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.
- Introduced
- HD1by EEP
- SD1by EIG
Companion measure: HB974. A companion follows its own path; its votes are not combined with this one.
Decision stages
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House EEP committee on the introduced draft: Passed, with amendments, reported as HD1
4 aye · 0 no · 2 excused
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House second reading on HD1: Passed
45 aye · 2 aye with reservations · 0 no · 4 excused
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House FIN committee on HD1: Passed, unamended
14 aye · 0 no · 2 excused
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House third reading on HD1: Passed
45 aye · 2 aye with reservations · 0 no · 4 excused
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Commerce and Consumer Protection (CPN) on HD1: Passed, with amendments, reported as SD1
2 aye · 2 aye with reservations · 1 no · 0 excused · Source roll call
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Energy and Intergovernmental Affairs (EIG) on HD1: Passed, with amendments, reported as SD1
4 aye · 0 no · 1 excused · Source roll call
Senate members along the path
| Member | CPN HD1 | EIG HD1 | Change along the path |
|---|---|---|---|
| Brenton AwaSD-023 | No | ||
| Stanley ChangSD-009 | Aye | ||
| Lynn DecoiteSD-007 | Aye | ||
| Kurt FevellaSD-020 | Excused | ||
| Carol FukunagaSD-011 | Aye* | ||
| Jarrett KeohokaloleSD-024 | Aye | ||
| Angus McKelveySD-006 | Aye* | ||
| Tim RichardsSD-004 | Aye | Aye | |
| Glenn WakaiSD-015 | Aye |
House members along the path
| Member | EEP Introduced | Second reading HD1 | FIN HD1 | Third reading HD1 | Change along the path |
|---|---|---|---|---|---|
| David AlcosHD-041 | Aye | Excused | Aye | ||
| Terez AmatoHD-011 | Aye* | Aye* | |||
| Elle CochranHD-014 | Excused | Excused | |||
| Rachele Fernandez LamosaoSD-019 | Aye | Aye | Aye | ||
| Diamond GarciaHD-042 | Aye* | Aye* | |||
| Tina GrandinettiHD-020 | Aye | Aye | Aye | ||
| Daniel HoltHD-028 | Aye | Aye | Aye | ||
| Ikaika HusseyHD-029 | Aye | Aye | Aye | ||
| Kirstin KahaloaHD-006 | Aye | Aye | Aye | ||
| Sue Keohokapu-Lee LoyHD-002 | Aye | Aye | Aye | ||
| Lisa KitagawaHD-048 | Aye | Aye | Aye | ||
| Matthias KuschHD-001 | Aye | Aye | Aye | Aye | |
| Mike LeeHD-050 | Aye | Aye | Aye | ||
| Nicole LowenHD-007 | Aye | Aye | Aye | ||
| Scot MatayoshiHD-049 | Excused | Aye | |||
| Tyson MiyakeHD-010 | Aye | Aye | Aye | ||
| Daynette MorikawaHD-017 | Aye | Aye | Aye | ||
| Amy PerrusoHD-046 | Aye | Aye | Aye | ||
| Elijah PierickHD-039 | Aye | Excused | |||
| Mahina PoepoeHD-013 | Excused | Aye | |||
| Sean QuinlanHD-047 | Excused | Aye | Aye | ||
| Julie Reyes OdaHD-040 | Aye | Aye | Aye | ||
| Jenna TakenouchiHD-027 | Aye | Aye | Aye | ||
| Shirley Ann TemploHD-030 | Aye | Aye | Excused | ||
| Gene WardHD-018 | Excused | Excused | Excused | Excused | |
| Kyle YamashitaHD-012 | Aye | Aye | Aye |
25 more House members only counted as floor ayes
| Member | EEP Introduced | Second reading HD1 | FIN HD1 | Third reading HD1 | Change along the path |
|---|---|---|---|---|---|
| Della au BelattiHD-026 | Aye | Aye | |||
| Cory ChunHD-035 | Aye | Aye | |||
| Luke EvslinHD-016 | Aye | Aye | |||
| Andrew GarrettHD-022 | Aye | Aye | |||
| Mark HashemHD-019 | Aye | Aye | |||
| Linda IchiyamaHD-031 | Aye | Aye | |||
| Greggor IlaganHD-004 | Aye | Aye | |||
| Kim IwamotoHD-025 | Aye | Aye | |||
| Jeanne KapelaHD-005 | Aye | Aye | |||
| Darius KilaHD-044 | Aye | Aye | |||
| Sam KongHD-033 | Aye | Aye | |||
| Trish La ChicaHD-037 | Aye | Aye | |||
| Lisa MartenHD-051 | Aye | Aye | |||
| Lauren MatsumotoHD-038 | Aye | Aye | |||
| Chris MuraokaHD-045 | Aye | Aye | |||
| Nadine NakamuraHD-015 | Aye | Aye | |||
| Ikaika OldsHD-023 | Aye | Aye | |||
| Jackson SayamaHD-021 | Aye | Aye | |||
| Garner ShimizuHD-032 | Aye | Aye | |||
| Kanani SouzaHD-043 | Aye | Aye | |||
| Gregg TakayamaHD-034 | Aye | Aye | |||
| Adrian TamHD-024 | Aye | Aye | |||
| David TarnasHD-008 | Aye | Aye | |||
| Chris ToddHD-003 | Aye | Aye | |||
| Justin WoodsonHD-009 | Aye | Aye |
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
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Pending introduction.
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Introduced and Pass First Reading.
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Referred to EEP, FIN, referral sheet 3
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Bill scheduled to be heard by EEP on Thursday, 01-30-25 9:00AM in House conference room 325 VIA VIDEOCONFERENCE.
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The committee(s) on EEP recommend(s) that the measure be deferred until 02-06-25.
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Bill scheduled for decision making on Thursday, 02-06-25 9:01AM in conference room 325 VIA VIDEOCONFERENCE.
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The committee(s) on EEP recommend(s) that the measure be deferred until 02-11-25 10:20AM.
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Bill scheduled for decision making on Tuesday, 02-11-25 10:20AM in conference room 325 VIA VIDEOCONFERENCE.
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The committee(s) on EEP recommend(s) that the measure be deferred until 02-13-25 10:15AM.
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Bill scheduled for decision making on Thursday, 02-13-25 10:15AM in conference room 325 VIA VIDEOCONFERENCE.
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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.
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Reported from EEP (Stand. Com. Rep. No. 769) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
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Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with Representative(s) Amato, Garcia voting aye with reservations; none voting no (0) and Representative(s) Cochran, Matayoshi, Poepoe, Ward excused (4).
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Bill scheduled to be heard by FIN on Thursday, 02-20-25 12:00PM in House conference room 308 VIA VIDEOCONFERENCE.
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The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 14 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Holt, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lamosao, Lee, M., Miyake, Morikawa, Templo, Reyes Oda; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Alcos, Ward.
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Reported from FIN (Stand. Com. Rep. No. 886), recommending passage on Third Reading.
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Passed Third Reading with Representative(s) Amato, Garcia voting aye with reservations; none voting no (0) and Representative(s) Cochran, Pierick, Templo, Ward excused (4). Transmitted to Senate.
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Received from House (Hse. Com. No. 45).
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Passed First Reading.
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Referred to EIG/CPN, WAM.
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The committee(s) on EIG/CPN has scheduled a public hearing on 03-20-25 9:30AM; Conference Room 229 & Videoconference.
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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, Richards; Aye(s) with reservations: Senator(s) Fukunaga, McKelvey ; 1 No(es): Senator(s) Awa; and 0 Excused: none.
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The committee(s) on EIG recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EIG were as follows: 4 Aye(s): Senator(s) Wakai, Chang, DeCoite, Richards; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.
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Reported from EIG/CPN (Stand. Com. Rep. No. 1348) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
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Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
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The committee(s) on WAM will hold a public decision making on 03-28-25 10:02AM; Conference Room 211 & Videoconference.
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The committee(s) on WAM deferred the measure until 04-03-25 10:02AM; Conference Room 211 & Videoconference.
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The committee on WAM deferred the measure.
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Carried over to 2026 Regular Session.