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Hawaii · 2026 Regular Session · Bill

SB 2199: RELATING TO THE POMAIKAI HAWAII FUND.

In committee 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

SB 2199 is a bill introduced in the Hawaii Senate on January 14, 2026. According to its official title, it concerns: RELATING TO THE POMAIKAI HAWAII FUND. Primary sponsor: Stanley Chang (Democratic), Kurt Fevella (Republican), Karl Rhoads (Democratic). Most recent recorded action (January 26, 2026): Referred to EDT, WAM/JDC.

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.

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.

Sponsors

Sponsors by party (alphabetical): Democratic 2 · Republican 1

NameRolePartyChamberDistrict
Stanley ChangPrimary sponsorDemocraticSenate9
Kurt FevellaPrimary sponsorRepublicanSenate20
Karl RhoadsPrimary sponsorDemocraticSenate13

“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. Referred to EDT, WAM/JDC.
  2. Introduced and passed First Reading.
  3. Pending Introduction.

Sources

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