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Hawaii · 2026 Regular Session · Bill

HB 974: RELATING TO ENERGY.

Passed one chamber Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

HB 974 is a bill introduced in the Hawaii House on January 21, 2025. According to its official title, it concerns: RELATING TO ENERGY. Primary sponsor: Nicole Lowen (Democratic). Most recent recorded action (December 8, 2025): Carried over to 2026 Regular Session.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

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)

Sponsors

Sponsors by party (alphabetical): Democratic 1

NameRolePartyChamberDistrict
Nicole LowenPrimary sponsorDemocraticHouse7

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Carried over to 2026 Regular Session.
  2. The committee on WAM deferred the measure.
  3. The committee(s) on WAM deferred the measure until 04-03-25 10:02AM; Conference Room 211 & Videoconference.
  4. The committee(s) on WAM will hold a public decision making on 03-28-25 10:02AM; Conference Room 211 & Videoconference.
  5. Reported from EIG/CPN (Stand. Com. Rep. No. 1348) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
  6. Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
  7. 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.
  8. 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.
  9. The committee(s) on EIG/CPN has scheduled a public hearing on 03-20-25 9:30AM; Conference Room 229 & Videoconference.
  10. Referred to EIG/CPN, WAM.
  11. Received from House (Hse. Com. No. 45).
  12. Passed First Reading.

Showing 12 most recent of 29 actions. Full history

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source