Legislative record

SB 2431STATE · HawaiiIn Committee

RELATING TO HEALTH SAVINGS ACCOUNTS.

For taxable years beginning 1/1/2026, establishes a tiered nonrefundable tax credit for qualified taxpayer insurers that offer one or more federally qualified health savings account-eligible high deductible health plans in the State, under certain conditions, and increasing the tax credit to incentivize more plans being written for residents in rural medically underserved areas of the State. Requires qualified taxpayer insurers to match up to a certain amount of a policyholder's first-time contribution into a health savings account. Sunsets 12/31/2030. Effective 7/1/2050. (SD1)

Voted 3/18/2026

Roll-call record

How representatives voted

18 yea·0 nay·1 other

Docket history

Action history

  1. 3/18/2026The committee(s) on HLT recommend(s) that the measure be deferred.
  2. 3/12/2026Bill scheduled to be heard by HLT on Wednesday, 03-18-26 9:00AM in House conference room 329 VIA VIDEOCONFERENCE.
  3. 3/12/2026Referred to HLT, CPC, FIN, referral sheet 17
  4. 3/12/2026Pass First Reading
  5. 3/10/2026Received from Senate (Sen. Com. No. 239) in amended form (SD 1).
  6. 3/10/2026Report adopted; Passed Third Reading. Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
  7. 3/6/2026One Day Notice 03-10-26.
  8. 3/6/2026Reported from WAM (Stand. Com. Rep. No. 2967) with recommendation of passage on Third Reading.
  9. 3/5/2026The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Richards, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
  10. 3/4/2026The committee(s) on WAM has rescheduled its decision making to 03-05-26 12:04PM; CR 211 & Videoconference.