2025 Regular Session • Hawaii Legislature
SB1501: Relating To Energy.
Legislative Summary
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)
Demographic Impact
Overall analysis of equity impact
70% Positive
Medium ConfidenceView detailed demographic breakdown ↓Unlock Full Demographic Insights
Go beyond the overall score.
Gain a deeper understanding of this bill's potential impact across diverse communities, including detailed breakdowns by category and subgroup. Access to this granular analysis helps ensure equitable outcomes.
Enable full analysis features for your organization.
Contact Sales to Learn MoreOr email us directly at sales@legiequity.us.
Bill History
1/22/2025
Pending Introduction.
Senate
1/23/2025
Introduced and passed First Reading.
Senate
1/27/2025
Referred to EIG/CPN, WAM.
Senate
2/6/2025
The committee(s) on EIG/CPN has scheduled a public hearing on 02-11-25 9:30AM; Conference Room 229 & Videoconference.
Senate
2/11/2025
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.
Senate
2/11/2025
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.
Senate
2/14/2025
Reported from EIG/CPN (Stand. Com. Rep. No. 674) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
Senate
2/14/2025
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
Senate
2/21/2025
The committee(s) on WAM will hold a public decision making on 02-27-25 10:30AM; Conference Room 211 & Videoconference.
Senate
2/27/2025
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.
Senate
2/28/2025
Reported from WAM (Stand. Com. Rep. No. 1050) with recommendation of passage on Third Reading, as amended (SD 2).
Senate
2/28/2025
48 Hrs. Notice 03-04-25.
Senate
3/4/2025
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.
Senate
3/4/2025
Received from Senate (Sen. Com. No. 356) in amended form (SD 2).
House of Representatives
3/6/2025
Pass First Reading
House of Representatives
3/6/2025
Referred to EEP, FIN, referral sheet 19
House of Representatives
3/7/2025
Bill scheduled to be heard by EEP on Tuesday, 03-11-25 9:00AM in House conference room 325 VIA VIDEOCONFERENCE.
House of Representatives
3/11/2025
The committee(s) on EEP recommend(s) that the measure be deferred until 03-12-25 11:15AM.
House of Representatives
3/11/2025
Bill scheduled for decision making on Wednesday, 03-12-25 11:15AM in conference room 325 VIA VIDEOCONFERENCE.
House of Representatives
3/12/2025
The committee(s) on EEP recommend(s) that the measure be deferred until 03-18-25.
House of Representatives
3/14/2025
Bill scheduled for decision making on Tuesday, 03-18-25 9:20AM in conference room 325 VIA VIDEOCONFERENCE.
House of Representatives
3/18/2025
The committee(s) on EEP recommend(s) that the measure be deferred until 03-20-25 11:30AM.
House of Representatives
3/18/2025
Bill scheduled for decision making on Thursday, 03-20-25 11:30AM in conference room 325 VIA VIDEOCONFERENCE.
House of Representatives
3/20/2025
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.
House of Representatives
3/21/2025
Reported from EEP (Stand. Com. Rep. No. 1492) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
House of Representatives
3/21/2025
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).
House of Representatives
3/28/2025
Bill scheduled to be heard by FIN on Monday, 03-31-25 3:15PM in House conference room 308 VIA VIDEOCONFERENCE.
House of Representatives
3/31/2025
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.
House of Representatives
4/3/2025
Reported from FIN (Stand. Com. Rep. No. 1936), recommending passage on Third Reading.
House of Representatives
4/3/2025
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.
House of Representatives
4/4/2025
Received from House (Hse. Com. No. 496).
Senate
4/4/2025
Senate disagrees with House amendments.
Senate
4/4/2025
Received notice of disagreement (Sen. Com. No. 590).
House of Representatives
4/17/2025
House Conferees Appointed: Lowen, Yamashita Co-Chairs; Kusch, Perruso, Alcos.
House of Representatives
4/17/2025
Senate Conferees Appointed: Hashimoto Chair; Keohokalole Co-Chair; Fevella.
Senate
4/21/2025
Received notice of appointment of House conferees (Hse. Com. No. 754).
Senate
4/17/2025
Received notice of Senate conferees (Sen. Com. No. 825).
House of Representatives
4/23/2025
Bill scheduled for Conference Committee Meeting on Thursday, 04-24-25 9:15AM in conference room 325.
House of Representatives
4/24/2025
Conference Committee Meeting will reconvene on Friday 04-25-25 9:15AM in conference room 325.
House of Representatives
4/25/2025
Conference committee meeting to reconvene on 04-25-25 5:15 PM; Conference Room 309.
Senate
4/25/2025
Conference committee meeting to reconvene on 04-25-25 5:50 PM; Conference Room 309.
Senate
4/25/2025
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.
Senate
4/25/2025
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.
House of Representatives
4/25/2025
Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 201).
Senate
4/25/2025
48 Hrs. Notice (as amended CD 1) 04-30-25.
Senate
4/25/2025
Reported from Conference Committee (Conf Com. Rep. No. 201) as amended in (CD 1).
House of Representatives
4/25/2025
Forty-eight (48) hours notice Wednesday, 04-30-25.
House of Representatives
Roll Call Votes
House Conference: Passed, With Amendments
4/25/2025
4
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
Senate Conference: Passed, With Amendments
4/25/2025
3
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate Ways and Means: Passed, With Amendments
2/27/2025
13
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate Energy and Intergovernmental Affairs: Passed, With Amendments
2/11/2025
5
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate Commerce and Consumer Protection: Passed, With Amendments
2/11/2025
3
Yea
1
Nay
0
Not Voting
1
Absent
Result: PASSED
Status Information
Current Status
Engrossed(3/4/2025)
Chamber
House of Representatives
Sponsors
Democrat: 1
Primary Sponsor
Glenn Wakai
Democrat