Fabio
123 lines
12 KiB
Markdown
123 lines
12 KiB
Markdown
---
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type: "Bill"
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title: "RELATING TO ENERGY."
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description: "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 revenues from on-bill charges for power purchase agreements and money from a surcharge supporting a reserve account shall be held in trust by the Department of Budget and Finance, and that independent power producers shall hold a beneficial interest in the revenues to the extent of the amounts owed under the covered power purchase agreements. Appoints, authorizes, and empowers the 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. (CD1)"
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jurisdiction: "us/states/hi"
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legislature: "Hawaii Legislature"
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session: "2025"
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identifier: "SB 1501"
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citation: "Hawaii SB 1501 (2025)"
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classification: ["bill"]
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subjects: ["BNF", "Energy", "Power Purchase Agreements", "Power Purchase Costs Trust Fund", "Public Utilities Commission", "Step-In Agreements"]
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status: "enacted"
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primary_sponsors: ["WAKAI"]
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version_count: 5
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action_count: 54
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vote_count: 9
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first_action: "2025-01-22"
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last_action: "2025-06-06"
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source: "openstates"
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source_identifier: "ocd-bill/0822c9b3-b9bf-4a41-a92f-47c789cf1319"
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source_url: "https://capitol.hawaii.gov/session/archives/measure_indiv_Archives.aspx?billtype=SB&billnumber=1501&year=2025"
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source_hash: "66b88ab357767f1b20af05179cd3c5267f8ae38c2a00a84645ad1cb78e93c3b9"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-hi"]
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---
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# Hawaii SB 1501 (2025) — RELATING TO ENERGY.
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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 revenues from on-bill charges for power purchase agreements and money from a surcharge supporting a reserve account shall be held in trust by the Department of Budget and Finance, and that independent power producers shall hold a beneficial interest in the revenues to the extent of the amounts owed under the covered power purchase agreements. Appoints, authorizes, and empowers the 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. (CD1)
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **SB1501** (committee substitute) — [source](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1501_.HTM)
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2. **SB1501_CD1** (committee substitute) — [source](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1501_CD1_.HTM)
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3. **SB1501_HD1** (committee substitute) — [source](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1501_HD1_.HTM)
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4. **SB1501_SD1** (committee substitute) — [source](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1501_SD1_.HTM)
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5. **SB1501_SD2** (committee substitute) — [source](https://data.capitol.hawaii.gov/sessions/session2025/bills/SB1501_SD2_.HTM)
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## Votes
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- The Conference Committee recommends that the measure be Passed, with Amendments. — **4–0** (pass) · lower
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- The committee on FIN recommend that the measure be PASSED, UNAMENDED. — **14–0** (pass) · lower
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- The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. — **3–0** (pass) · upper
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- The committee on EEP recommend that the measure be PASSED, WITH AMENDMENTS. — **5–0** (pass) · lower
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- The committee(s) on EIG recommend(s) that the measure be PASSED, WITH AMENDMENTS. — **5–0** (pass) · upper
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- The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. — **13–0** (pass) · upper
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- The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. — **3–1** (pass) · upper
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- Report Adopted; Passed Third Reading, as amended (SD 2). — **23–2** (pass) · upper
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- Passed Final Reading, as amended (CD 1). — **23–2** (pass) · upper
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## Sponsors
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- WAKAI — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2025-06-06** Act 191, on 06/06/2025 (Gov. Msg. No. 1291). `became-law`
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- **2025-06-06** Act 191, 06/06/2025 (Gov. Msg. No. 1291). `became-law`
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- **2025-05-02** Enrolled to Governor. `executive-receipt`
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- **2025-05-02** Received notice of passage on Final Reading in House (Hse. Com. No. 821). `receipt`
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- **2025-05-01** Received notice of Final Reading (Sen. Com. No. 888). `receipt`
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- **2025-04-30** Passed Final Reading as amended in CD 1 with Representative(s) Iwamoto voting aye with reservations; Representative(s) Garcia, Muraoka, Pierick, Shimizu voting no (4) and Representative(s) Cochran excused (1). `passage`
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- **2025-04-30** Passed Final Reading, as amended (CD 1). Ayes, 23; Aye(s) with reservations: none. Noes, 2 (Senator(s) Awa, DeCorte). Excused, 0 (none). `passage`
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- **2025-04-25** Forty-eight (48) hours notice Wednesday, 04-30-25.
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- **2025-04-25** Reported from Conference Committee (Conf Com. Rep. No. 201) as amended in (CD 1).
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- **2025-04-25** 48 Hrs. Notice (as amended CD 1) 04-30-25.
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- **2025-04-25** Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 201).
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- **2025-04-25** The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 4 Ayes: Representative(s) Lowen, Yamashita, Kusch, Perruso; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Alcos.
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- **2025-04-25** 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, Keohokalole, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. `committee-passage-favorable`
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- **2025-04-25** Conference committee meeting to reconvene on 04-25-25 5:50 PM; Conference Room 309.
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- **2025-04-25** Conference committee meeting to reconvene on 04-25-25 5:15 PM; Conference Room 309.
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- **2025-04-24** Conference Committee Meeting will reconvene on Friday 04-25-25 9:15AM in conference room 325.
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- **2025-04-23** Bill scheduled for Conference Committee Meeting on Thursday, 04-24-25 9:15AM in conference room 325.
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- **2025-04-17** Received notice of Senate conferees (Sen. Com. No. 825). `receipt`
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- **2025-04-21** Received notice of appointment of House conferees (Hse. Com. No. 754). `receipt`
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- **2025-04-17** Senate Conferees Appointed: Hashimoto Chair; Keohokalole Co-Chair; Fevella.
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- **2025-04-17** House Conferees Appointed: Lowen, Yamashita Co-Chairs; Kusch, Perruso, Alcos.
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- **2025-04-04** Received notice of disagreement (Sen. Com. No. 590). `receipt`
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- **2025-04-04** Senate disagrees with House amendments. `amendment-failure`
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- **2025-04-04** Received from House (Hse. Com. No. 496). `introduction, receipt`
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- **2025-04-03** Passed Third Reading with Representative(s) Iwamoto voting aye with reservations; Representative(s) Garcia, Muraoka, Pierick voting no (3) and Representative(s) Cochran, Woodson excused (2). Transmitted to Senate. `passage`
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- **2025-04-03** Reported from FIN (Stand. Com. Rep. No. 1936), recommending passage on Third Reading.
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- **2025-03-31** The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 14 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lamosao, Lee, M., Miyake, Morikawa, Templo, Alcos, Reyes Oda; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Holt, Ward. `committee-passage-favorable`
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- **2025-03-28** Bill scheduled to be heard by FIN on Monday, 03-31-25 3:15PM in House conference room 308 VIA VIDEOCONFERENCE.
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- **2025-03-21** Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with Representative(s) Reyes Oda voting aye with reservations; Representative(s) Garcia, Muraoka, Pierick voting no (3) and Representative(s) Cochran, Garrett, Kapela, Kitagawa, Ward excused (5). `reading-2, referral-committee`
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- **2025-03-21** Reported from EEP (Stand. Com. Rep. No. 1492) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
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- **2025-03-20** The committee on EEP recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 5 Ayes: Representative(s) Lowen, Perruso, Kahaloa, Kusch, Quinlan; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Ward. `committee-passage-favorable`
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- **2025-03-18** Bill scheduled for decision making on Thursday, 03-20-25 11:30AM in conference room 325 VIA VIDEOCONFERENCE.
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- **2025-03-18** The committee(s) on EEP recommend(s) that the measure be deferred until 03-20-25 11:30AM. `deferral`
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- **2025-03-14** Bill scheduled for decision making on Tuesday, 03-18-25 9:20AM in conference room 325 VIA VIDEOCONFERENCE.
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- **2025-03-12** The committee(s) on EEP recommend(s) that the measure be deferred until 03-18-25. `deferral`
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- **2025-03-11** Bill scheduled for decision making on Wednesday, 03-12-25 11:15AM in conference room 325 VIA VIDEOCONFERENCE.
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- **2025-03-11** The committee(s) on EEP recommend(s) that the measure be deferred until 03-12-25 11:15AM. `deferral`
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- **2025-03-07** Bill scheduled to be heard by EEP on Tuesday, 03-11-25 9:00AM in House conference room 325 VIA VIDEOCONFERENCE.
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- **2025-03-06** Referred to EEP, FIN, referral sheet 19 `referral-committee`
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- **2025-03-06** Pass First Reading `reading-1`
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- **2025-03-04** Received from Senate (Sen. Com. No. 356) in amended form (SD 2). `introduction, receipt`
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- **2025-03-04** Report Adopted; Passed Third Reading, as amended (SD 2). Ayes, 23; Aye(s) with reservations: none. Noes, 2 (Senator(s) Awa, DeCorte). Excused, 0 (none). Transmitted to House. `passage`
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- **2025-02-28** 48 Hrs. Notice 03-04-25.
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- **2025-02-28** Reported from WAM (Stand. Com. Rep. No. 1050) with recommendation of passage on Third Reading, as amended (SD 2).
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- **2025-02-27** 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`
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- **2025-02-21** The committee(s) on WAM will hold a public decision making on 02-27-25 10:30AM; Conference Room 211 & Videoconference.
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- **2025-02-14** Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. `reading-2, referral-committee`
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- **2025-02-14** Reported from EIG/CPN (Stand. Com. Rep. No. 674) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
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- **2025-02-11** The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 3 Aye(s): Senator(s) Keohokalole, Fukunaga, Richards; Aye(s) with reservations: none ; 1 No(es): Senator(s) Awa; and 1 Excused: Senator(s) McKelvey. `committee-passage-favorable`
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- **2025-02-11** The committee(s) on EIG recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EIG were as follows: 5 Aye(s): Senator(s) Wakai, Chang, DeCoite, Richards, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. `committee-passage-favorable`
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- **2025-02-06** The committee(s) on EIG/CPN has scheduled a public hearing on 02-11-25 9:30AM; Conference Room 229 & Videoconference.
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- **2025-01-27** Referred to EIG/CPN, WAM. `referral-committee`
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- **2025-01-23** Introduced and passed First Reading. `introduction`
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- **2025-01-22** Pending Introduction.
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/0822c9b3-b9bf-4a41-a92f-47c789cf1319`. Confidence: reported (aggregated from official Hawaii legislature records).
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