Relating To The Pomaikai Hawaii Fund.
Last status update Jan 21, 2026
What this measure contains
Establishes the Pomaikai Hawaii Fund, a state-owned sovereign wealth fund, into which certain portions of the transient accommodations tax revenues, moneys from general fund balance surpluses, moneys from civil action settlements where the State is a party, and a portion of the proceeds from the sale or other disposition of public lands shall be deposited. Establishes a Board of Directors to manage and invest the moneys in the Fund and distribute the earnings to qualified residents of the State beginning calendar year 2030. Requires the Board to adopt rules. Requires the Director of Finance to provide guidance to the Board on the establishment and administration of the Fund. Requires reports to the Legislature.
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- Introduced · Official document ↗· Jan 15, 2026
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Legislative history
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Pending Introduction.
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Introduced and passed First Reading.
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Referred to EDT, WAM/JDC.