HI HB887 | 2018 | Regular Session
Note: Carry Over of previous HB887
Status
Spectrum: Strong Partisan Bill (Democrat 11-1)
Status: Engrossed on March 7 2017 - 50% progression, died in committee
Action: 2018-01-17 - Re-Referred to LBR, WAM.
Pending: Senate Labor Committee
Text: Latest bill text (Amended) [HTML]
Status: Engrossed on March 7 2017 - 50% progression, died in committee
Action: 2018-01-17 - Re-Referred to LBR, WAM.
Pending: Senate Labor Committee
Text: Latest bill text (Amended) [HTML]
Summary
Establishes the Rate Stabilization Reserve Fund within the Hawaii Employer-Union Health Benefits Trust Fund to help subsidize the costs of providing health and other benefit plans for active employees and retirees and their beneficiaries. Caps employer contributions to the OPEB trust fund, which are made to prefund the unfunded actuarial accrued liability of the EUTF, when the separate accounts for each public employer within the OPEB trust fund have a combined balance of at least $2,000,000,000. If OPEB trust fund balance is at least $2,000,000,000 then public employer annual contributions of $300,000,000 shall be paid to the Employees' Retirement System to pay down ERS unfunded liabilities. Provides for the use of a portion of transient accommodations tax revenues to supplement deficient county public employer contribution amounts. (HB887 HD1)
Title
Relating To Unfunded Liabilities.
Sponsors
Rep. Romy Cachola [D] | Rep. Ty Cullen [D] | Rep. Cindy Evans [D] | Rep. Ken Ito [D] |
Rep. Sylvia Luke [D] | Sen. Angus McKelvey [D] | Rep. John Mizuno [D] | Rep. Daynette Morikawa [D] |
Rep. Scott Saiki [D] | Rep. Calvin Say [D] | Rep. Joseph Souki [D] | Rep. Andria Tupola [R] |
History
Date | Chamber | Action |
---|---|---|
2018-01-17 | Senate | Re-Referred to LBR, WAM. |
2017-11-30 | Carried over to 2018 Regular Session. | |
2017-03-09 | Senate | Referred to JDL, WAM. |
2017-03-09 | Senate | Passed First Reading. |
2017-03-09 | Senate | Received from House (Hse. Com. No. 302). |
2017-03-07 | House | Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Ichiyama excused (1). Transmitted to Senate. |
2017-03-03 | House | 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) Ichiyama, McDermott, Nakashima excused (3). |
2017-03-03 | House | Reported from FIN (Stand. Com. Rep. No. 836) as amended in HD 1, recommending passage on Second Reading and placement on the calendar for Third Reading. |
2017-02-24 | House | The committees on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 16 Ayes: Representative(s) Luke, Cullen, Cachola, Choy, DeCoite, Gates, Holt, Keohokalole, Kobayashi, Lowen, Nakamura, Quinlan, Yamashita, Tupola, Ward; Ayes with reservations: Representative(s) Tokioka; Noes: none; and 1 Excused: Representative(s) LoPresti. |
2017-02-22 | House | Bill scheduled to be heard by FIN on Friday, 02-24-17 2:00PM in House conference room 308. |
2017-01-30 | House | Re-referred to FIN, referral sheet 7 |
2017-01-27 | House | Referred to LAB, FIN, referral sheet 4 |
2017-01-25 | House | Pass First Reading |
2017-01-23 | House | Pending introduction. |
Same As/Similar To
HB887 (Carry Over) 2017-03-09 - Referred to JDL, WAM.