Shown verbatim: the complete text as captured from the official page posted by the Hawaii State Legislature, fetched 2026-08-29. Where this bill amends existing law, language marked for deletion in the official page appears here in brackets. This is the first conference draft. The official bill page.
THE SENATE S.B. NO. 2921 THIRTY-THIRD LEGISLATURE, 2026 S.D. 1 STATE OF HAWAII H.D. 1 C.D. 1 A BILL FOR AN ACT RELATING TO STATE FUNDS. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII: SECTION 1. The legislature finds that continuing shifts in federal policy are creating significant and widespread challenges in Hawaii and across the nation. These federal changes, combined with broader economic trends, are expected to affect Hawaii's fiscal stability in the near future. Reductions in federal funding and uncertainty regarding future federal grant programs require the State to be prepared to assume financial responsibility for critical programs that currently rely on federal support. The legislature further finds that in periods of economic uncertainty, it is essential for the State to maintain the ability to fund important programs with moneys that are not immediately needed elsewhere. In Act 87, Session Laws of Hawaii 2021, the State proactively transferred funds to mitigate fiscal disruptions caused by the coronavirus disease 2019 pandemic. A similar approach is warranted in 2026 to ensure the continuity of essential services. Accordingly, the purpose of this Act is to transfer non‑general fund account balances that exceed one year's operating expenses to the general fund. SECTION 2. The legislature determines that there are amounts in excess of the requirements of the various funds listed in this Act. Notwithstanding any law to the contrary, the director of finance may transfer the following amounts or so much thereof as may be necessary for fiscal year 2026-2027 from the following funds to the general fund: FUND NAME Minimum amount in excess of the requirements of the fund as determined by the legislature ($) Amount authorized to be transferred to the general fund by the director of finance ($) Department of Agriculture and Biosecurity 1 ANIMAL INDUSTRY SPECIAL FUND 13,543.00 13,543.00 2 CERTIFICATION SERVICES REVOLVING FUND 50,000.00 50,000.00 3 INDUSTRIAL HEMP SPECIAL FUND 10,000.00 10,000.00 Department of Accounting and General Services 4 STATE ARCHIVES PRESERVATION AND LONG-TERM ACCESS SPECIAL FUND 100,000.00 100,000.00 Department of the Attorney General 5 MEDICAID INVESTIGATIONS RECOVERY FUND 1,000,000.00 1,000,000.00 6 TOBACCO ENFORCEMENT SPECIAL FUND 500,000.00 500,000.00 7 INTERNET CRIMES AGAINST CHILDREN SPECIAL FUND 100,000.00 100,000.00 8 LITIGATION DEPOSITS TRUST ACCOUNT 74,000.00 74,000.00 Department of Business, Economic Development, and Tourism 9 TOURISM SPECIAL FUND 328,503.00 328,503.00 Department of Human Resources Development 10 HUMAN RESOURCES DEVELOPMENT SPECIAL FUND 250,000.00 250,000.00 Department of Health 11 MENTAL HEALTH AND SUBSTANCE ABUSE SPECIAL FUND 2,500,000.00 2,500,000.00 12 TITLE XIX MED QUEST CARVEOUT/GENERAL OUTPATIENT SPECIAL FUND 2,500,000.00 2,500,000.00 13 INTELLECTUAL AND DEVELOPMENTAL DISABILITIES MEDICAID WAIVER ADMINISTRATIVE CLAIMING SPECIAL FUND 2,000,000.00 2,000,000.00 14 DISABILITY AND COMMUNICATION ACCESS BOARD SPECIAL FUND 1,000,000.00 1,000,000.00 15 DEPOSIT BEVERAGE CONTAINER DEPOSIT SPECIAL FUND 12,000,000.00 12,000,000.00 Department of Land and Natural Resources 16 SPECIAL LAND AND DEVELOPMENT FUND 1,414,955.00 1,414,955.00 Department of Taxation 17 TAX ADMINISTRATION SPECIAL FUND 23,000,000.00 23,000,000.00 18 CIGARETTE TAX STAMP ADMINISTRATIVE SPECIAL FUND 310,000.00 310,000.00 Total 47,151,001.00 47,151,001.00 SECTION 3. It is the intent of this Act not to: (1) Jeopardize the receipt of any federal aid nor to impair the obligation of the State or any of its agencies to the holders of any bond issued by the State or by any of its agencies; (2) Cause the State or any of its agencies to transfer moneys that are encumbered prior to or on the effective date of this Act; (3) Cause the State or any of its agencies to be unable to meet a contractual obligation; and (4) Compel the State or any of its agencies to transfer moneys into the general fund that are not eligible to for transfer into the general fund, and to the extent, and only to the extent, necessary to effectuate this intent, the governor may modify the strict provisions of this Act, but shall promptly report any modification with reasons therefor to the legislature at its next session thereafter for review by the legislature. SECTION 4. This Act shall take effect on July 1, 2026; provided that section 2 shall take effect retroactively on June 30, 2026.
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