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Hawaii · 2026 Regular Session · Bill

SB 2431: RELATING TO HEALTH SAVINGS ACCOUNTS.

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

SB 2431 is a bill introduced in the Hawaii Senate on January 22, 2026. According to its official title, it concerns: RELATING TO HEALTH SAVINGS ACCOUNTS. Primary sponsor: Dru Kanuha (Democratic), Stanley Chang (Democratic), Troy Hashimoto (Democratic). Most recent recorded action (March 18, 2026): The committee(s) on HLT recommend(s) that the measure be deferred.

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.

For taxable years beginning 1/1/2026, establishes a tiered nonrefundable tax credit for qualified taxpayer insurers that offer one or more federally qualified health savings account-eligible high deductible health plans in the State, under certain conditions, and increasing the tax credit to incentivize more plans being written for residents in rural medically underserved areas of the State. Requires qualified taxpayer insurers to match up to a certain amount of a policyholder's first-time contribution into a health savings account. Sunsets 12/31/2030. Effective 7/1/2050. (SD1)

Sponsors

Sponsors by party (alphabetical): Democratic 3

NameRolePartyChamberDistrict
Dru KanuhaPrimary sponsorDemocraticSenate3
Stanley ChangPrimary sponsorDemocraticSenate9
Troy HashimotoPrimary sponsorDemocraticSenate5

“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. The committee(s) on HLT recommend(s) that the measure be deferred.
  2. Pass First Reading
  3. Referred to HLT, CPC, FIN, referral sheet 17
  4. Bill scheduled to be heard by HLT on Wednesday, 03-18-26 9:00AM in House conference room 329 VIA VIDEOCONFERENCE.
  5. Report adopted; Passed Third Reading. Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
  6. Received from Senate (Sen. Com. No. 239) in amended form (SD 1).
  7. Reported from WAM (Stand. Com. Rep. No. 2967) with recommendation of passage on Third Reading.
  8. One Day Notice 03-10-26.
  9. The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Richards, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
  10. The committee(s) on WAM has rescheduled its decision making to 03-05-26 12:04PM; CR 211 & Videoconference.
  11. The committee(s) on WAM will hold a public decision making on 03-05-26 10:15AM; Conference Room 211 & Videoconference.
  12. Reported from CPN (Stand. Com. Rep. No. 2549) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

Showing 12 most recent of 18 actions. Full history

Sources

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