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Legislative record

HB 1506STATE · HawaiiIntroduced

RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM OF THE STATE OF HAWAII.

Encourages the employees' retirement system, in evaluating venture capital investments, to consider opportunities in industries that will sustain Hawaiʻi's natural environment or produce economic opportunities for its residents, including renewable energy businesses and businesses that use the investment capital to acquire the infrastructure and services needed to become energy sustainable. If the employees' retirement system board of trustees determines that it is not prudent to invest in any Hawaiʻi venture capital meeting this description, requires the board to report the rationale for the decision in its annual report to the legislature. Appropriates funds. Effective 6/30/3000. (HD1)

Voted 12/11/2023

Roll-call record

How representatives voted

22 yea·0 nay·2 other

Docket history

Action history

  1. 12/11/2023Carried over to 2024 Regular Session.
  2. 3/20/2023Report adopted; Passed Second Reading and referred to WAM.
  3. 3/20/2023Reported from LBT (Stand. Com. Rep. No. 1180) with recommendation of passage on Second Reading and referral to WAM.
  4. 3/15/2023The committee(s) on LBT recommend(s) that the measure be PASSED, UNAMENDED. The votes in LBT were as follows: 4 Aye(s): Senator(s) Moriwaki, Lee, Keith-Agaran, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Ihara.
  5. 3/10/2023The committee(s) on LBT has scheduled a public hearing on 03-15-23 3:00PM; Conference Room 224 & Videoconference.
  6. 3/9/2023Referred to LBT, WAM.
  7. 3/7/2023Passed First Reading.
  8. 3/7/2023Received from House (Hse. Com. No. 233).
  9. 3/3/2023Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Alcos, Matayoshi excused (2). Transmitted to Senate.
  10. 3/3/2023Reported from FIN (Stand. Com. Rep. No. 1008), recommending passage on Third Reading.