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HI HB2519
Bill
Status
Introduced
1/24/2024
Primary Sponsor
Scott Saiki
Click for details
AI Summary
- Reduces board composition from 10 to 9 trustees, consisting of the director of finance (ex officio) plus 8 appointed trustees
- Restructures appointed trustee positions to include 3 employee-beneficiary trustees (one representing retirees), 2 public employer trustees, and 3 general resident trustees (with at least one having 2+ years financial services experience and one with 2+ years health industry experience)
- Simplifies vacancy filling procedures to use the same criteria and methods as the original appointee, with a 120-day limit for serving beyond term expiration if successor not appointed
- Reduces quorum requirement from 6 to 5 trustees and changes voting from bloc voting (public employers and employees each get one collective vote) to individual voting where each trustee has one vote
- Requires at least 2 affirmative votes for board action to pass; maintains option for dispute resolution upon concurrence of 5 trustees
Legislative Description
Relating To The Hawaii Employer-union Health Benefits Trust Fund Board Of Trustees.
Voting
Last Action
The committee(s) on LGO recommend(s) that the measure be deferred.
2/2/2024
Committee Referrals
Labor & Government Operations1/26/2024
Full Bill Text
No bill text available