---
type: "Bill"
title: "RELATING TO REVOLVING FUNDS."
description: "Requires the Legislature, in establishing or reviewing a revolving fund, to ensure the revolving fund is financially self-sustainable by either annual projections that show that the revolving fund will be sustainable without appropriations of general funds or a schedule of projected collections of outstanding payments to the revolving fund. (CD1)"
jurisdiction: "us/states/hi"
legislature: "Hawaii Legislature"
session: "2025"
identifier: "SB 326"
citation: "Hawaii SB 326 (2025)"
classification: ["bill"]
subjects: ["Budget", "Demonstration of Financial Self-Sustainability", "Revolving Funds"]
status: "enacted"
primary_sponsors: ["C.", "CHANG", "DELA CRUZ", "HASHIMOTO", "INOUYE", "KANUHA", "KIDANI", "LEE", "MORIWAKI", "WAKAI"]
version_count: 4
action_count: 38
vote_count: 5
first_action: "2025-01-14"
last_action: "2025-06-25"
source: "openstates"
source_identifier: "ocd-bill/751f61ee-6eea-4115-9304-5574ff51cd27"
source_url: "https://capitol.hawaii.gov/session/archives/measure_indiv_Archives.aspx?billtype=SB&billnumber=326&year=2025"
source_hash: "75758f3fa4297cb684001d2bc9bb6842f7a1022dd7f0ba7e567922cc8d45413d"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-hi"]
---

# Hawaii SB 326 (2025) — RELATING TO REVOLVING FUNDS.

Requires the Legislature, in establishing or reviewing a revolving fund, to ensure the revolving fund is financially self-sustainable by either annual projections that show that the revolving fund will be sustainable without appropriations of general funds or a schedule of projected collections of outstanding payments to the revolving fund. (CD1)

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **SB326** (committee substitute) — [source](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB326_.HTM)
2. **SB326_CD1** (committee substitute) — [source](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB326_CD1_.HTM)
3. **SB326_HD1** (committee substitute) — [source](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB326_HD1_.HTM)
4. **SB326_SD1** (committee substitute) — [source](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB326_SD1_.HTM)

## Votes

- The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. — **13–0** (pass) · lower
- The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. — **3–0** (pass) · upper
- Passed Third Reading, as amended (SD 1). — **25–0** (pass) · upper
- The Conference Committee recommends that the measure be Passed, with Amendments. — **3–0** (pass) · lower
- The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. — **13–0** (pass) · upper

## Sponsors

- C. — primary (person)
- CHANG — primary (person)
- DELA CRUZ — primary (person)
- HASHIMOTO — primary (person)
- INOUYE — primary (person)
- KANUHA — primary (person)
- KIDANI — primary (person)
- LEE — primary (person)
- MORIWAKI — primary (person)
- WAKAI — primary (person)
- Kim — cosponsor (person)
- San Buenaventura — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2025-06-25** Act 223, on 06/25/2025 (Gov. Msg. No. 1325). `became-law`
- **2025-06-25** Act 223, 06/25/2025 (Gov. Msg. No. 1325). `became-law`
- **2025-05-02** Enrolled to Governor. `executive-receipt`
- **2025-05-02** Received notice of passage on Final Reading in House (Hse. Com. No. 821). `receipt`
- **2025-05-01** Received notice of Final Reading (Sen. Com. No. 888). `receipt`
- **2025-04-30** Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Pierick excused (2). `passage`
- **2025-04-30** Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none. `passage`
- **2025-04-24** Forty-eight (48) hours notice Wednesday, 04-30-25.
- **2025-04-24** Reported from Conference Committee (Conf Com. Rep. No. 16) as amended in (CD 1).
- **2025-04-24** 48 Hrs. Notice (as amended CD 1) 04-30-25.
- **2025-04-24** Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 16).
- **2025-04-23** The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 3 Ayes: Representative(s) Yamashita, Takenouchi, Alcos; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.
- **2025-04-23** The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 3 Aye(s): Senator(s) Hashimoto, Kim, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. `committee-passage-favorable`
- **2025-04-22** Bill scheduled for Conference Committee Meeting on Wednesday, 04-23-25 10:30AM in conference room 309.
- **2025-04-15** Received notice of Senate conferees (Sen. Com. No. 789). `receipt`
- **2025-04-15** Senate Conferees Appointed: Hashimoto Chair; Kim, Fevella.
- **2025-04-15** Received notice of appointment of House conferees (Hse. Com. No. 731). `receipt`
- **2025-04-14** House Conferees Appointed: Yamashita Chair; Takenouchi, Alcos.
- **2025-04-10** Received notice of disagreement (Sen. Com. No. 779). `receipt`
- **2025-04-10** Senate disagrees with House amendments. `amendment-failure`
- **2025-04-10** Received from House (Hse. Com. No. 639). `introduction, receipt`
- **2025-04-08** Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Marten excused (2). Transmitted to Senate. `passage`
- **2025-04-04** Passed Second Reading as amended in HD 1; placed on the calendar for Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Kapela excused (2).
- **2025-04-04** Reported from FIN (Stand. Com. Rep. No. 1942) as amended in HD 1, recommending passage on Second Reading and placement on the calendar for Third Reading.
- **2025-03-27** The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 13 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Holt, Keohokapu-Lee Loy, Kitagawa, Kusch, Lamosao, Lee, M., Miyake, Morikawa, Templo, Reyes Oda; Ayes with reservations: none; 0 Noes: none; and 3 Excused: Representative(s) Hussey, Alcos, Ward. `committee-passage-favorable`
- **2025-03-24** Bill scheduled to be heard by FIN on Thursday, 03-27-25 2:00PM in House conference room 308 VIA VIDEOCONFERENCE.
- **2025-03-04** Referred to FIN, referral sheet 18 `referral-committee`
- **2025-02-28** Pass First Reading `reading-1`
- **2025-02-27** Received from Senate (Sen. Com. No. 22) in amended form (SD 1). `introduction, receipt`
- **2025-02-27** Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none. Noes, 0 (none). Excused, 0 (none). Transmitted to House. `passage`
- **2025-02-18** 48 Hrs. Notice 02-27-25.
- **2025-02-18** Report adopted; Passed Second Reading, as amended (SD 1). `reading-2, referral-committee`
- **2025-02-18** Reported from WAM (Stand. Com. Rep. No. 692) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading.
- **2025-02-12** The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. `committee-passage-favorable`
- **2025-02-07** The committee(s) on WAM has scheduled a public hearing on 02-12-25 10:00AM; Conference Room 211 & Videoconference.
- **2025-01-21** Referred to WAM. `referral-committee`
- **2025-01-15** Introduced and passed First Reading. `introduction`
- **2025-01-14** Pending Introduction.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/751f61ee-6eea-4115-9304-5574ff51cd27`. Confidence: reported (aggregated from official Hawaii legislature records).