HI SB2553 | 2024 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Democrat 5-1)
Status: Engrossed on March 5 2024 - 50% progression
Action: 2024-04-15 - Received notice of Senate conferees (Sen. Com. No. 678).
Text: Latest bill text (Amended) [HTML]
Status: Engrossed on March 5 2024 - 50% progression
Action: 2024-04-15 - Received notice of Senate conferees (Sen. Com. No. 678).
Text: Latest bill text (Amended) [HTML]
Summary
Clarifies the definition of "covered employer" under the Hawaii Retirement Savings Act. Requires covered employers to automatically enroll covered employees into the Hawaii Retirement Savings Program unless the employee chooses to opt out. Repeals and lapses the funds appropriated into and out of the Hawaii Retirement Savings Special Fund in Act 296, Session Laws of Hawaii 2022. Effective 7/1/3000. (HD2)
Title
Relating To Hawaii Retirement Savings Act.
Sponsors
| Sen. Sharon Moriwaki [D] | Sen. Stanley Chang [D] | Rep. Lynn Decoite [D] | Sen. Kurt Fevella [R] |
| Sen. Donna Kim [D] | Sen. Joy San Buenaventura [D] |
Roll Calls
2024-03-01 - Senate - Senate Ways and Means: Passed, Unamended (Y: 12 N: 0 NV: 0 Abs: 1) [PASS]
2024-02-02 - Senate - Senate Labor and Technology: Passed, With Amendments (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-02 - Senate - Senate Labor and Technology: Passed, With Amendments (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-04-15 | House | Received notice of Senate conferees (Sen. Com. No. 678). |
| 2024-04-15 | Senate | Senate Conferees Appointed: Aquino Chair; Kanuha Co-Chair; Fevella. |
| 2024-04-11 | House | Received notice of disagreement (Sen. Com. No. 673). |
| 2024-04-11 | Senate | Senate disagrees with House amendments. |
| 2024-04-11 | Senate | Received from House (Hse. Com. No. 704). |
| 2024-04-09 | House | Passed Third Reading as amended in HD 2 with none voting aye with reservations; Representative(s) Garcia, Pierick voting no (2) and none excused (0). Transmitted to Senate. |
| 2024-04-05 | House | Forty-eight (48) hours notice Tuesday, 04-09-24. |
| 2024-04-05 | House | Reported from FIN (Stand. Com. Rep. No. 1830-24) as amended in HD 2, recommending passage on Third Reading. |
| 2024-04-02 | House | The committee on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 15 Ayes: Representative(s) Yamashita, Kitagawa, Aiu, Chun, Cochran, Garrett, Kahaloa, Kila, Lamosao, Morikawa, Nishimoto, Poepoe, Takenouchi, Alcos, Ward; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Kobayashi. |
| 2024-03-29 | House | Bill scheduled to be heard by FIN on Tuesday, 04-02-24 2:30PM in House conference room 308 VIA VIDEOCONFERENCE. |
| 2024-03-19 | House | Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Belatti, Hashem, Kong, Sayama excused (4). |
| 2024-03-19 | House | Reported from LGO (Stand. Com. Rep. No. 1165-24) as amended in HD 1, recommending passage on Second Reading and referral to FIN. |
| 2024-03-14 | House | The committee on LGO recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 4 Ayes: Representative(s) Matayoshi, Garrett, Martinez, Tam; Ayes with reservations: none; Noes: none; and 3 Excused: Representative(s) Kapela, Sayama, Alcos. |
| 2024-03-11 | House | Bill scheduled to be heard by LGO on Thursday, 03-14-24 9:15AM in House conference room 309 VIA VIDEOCONFERENCE. |
| 2024-03-07 | House | Referred to LGO, FIN, referral sheet 16 |
| 2024-03-07 | House | Pass First Reading |
| 2024-03-05 | House | Received from Senate (Sen. Com. No. 148) in amended form (SD 1). |
| 2024-03-05 | Senate | Report adopted; Passed Third Reading. Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House. |
| 2024-03-01 | Senate | One Day Notice 03-05-24. |
| 2024-03-01 | Senate | Reported from WAM (Stand. Com. Rep. No. 3008) with recommendation of passage on Third Reading. |
| 2024-03-01 | Senate | The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Moriwaki, Aquino, DeCoite, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Shimabukuro. |
| 2024-02-28 | Senate | The committee(s) on WAM will hold a public decision making on 03-01-24 9:55AM; Conference Room 211 & Videoconference. |
| 2024-02-13 | Senate | Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. |
| 2024-02-13 | Senate | Reported from LBT (Stand. Com. Rep. No. 2266) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. |
| 2024-02-02 | Senate | The committee(s) on LBT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in LBT were as follows: 5 Aye(s): Senator(s) Aquino, Moriwaki, Ihara, Fevella, Lee; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. |
| 2024-01-30 | Senate | The committee(s) on LBT has scheduled a public hearing on 02-02-24 3:10PM; CR 224 & Videoconference. |
| 2024-01-24 | Senate | Referred to LBT, WAM. |
| 2024-01-22 | Senate | Passed First Reading. |
| 2024-01-19 | Senate | Introduced. |
Same As/Similar To
HB2197 (Same As) 2024-02-06 - Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Kapela, Nakashima, Ward excused (3).
Subjects
Automatic Enrollment
Covered Employer
Definition
Hawaii Retirement Savings Act
Hawaii Retirement Savings Program
Opt-Out Option
Covered Employer
Definition
Hawaii Retirement Savings Act
Hawaii Retirement Savings Program
Opt-Out Option
