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HI SB1589

Bill

Status

Engrossed

3/6/2025

Primary Sponsor

Glenn Wakai

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Restricts private gifts or grants deposited into the Stadium Development Special Fund to be used exclusively for stadium infrastructure and development costs

  • Requires all unexpended and unencumbered funds in the Stadium Development Special Fund to immediately lapse to the general fund if the New Aloha Stadium Entertainment District (NASED) project is terminated

  • Appropriates unspecified amounts from the Stadium Development Special Fund for fiscal years 2025-2026 and 2026-2027, contingent on the Stadium Authority meeting development timelines

  • Requires fiscal year 2026-2027 appropriations to come solely from private gifts or grants received by the State

  • Effective date set to July 1, 3000 (placeholder date indicating further action needed before implementation)

Legislative Description

Relating To The Stadium Development Special Fund.

Appropriations ($)

Last Action

Carried over to 2026 Regular Session.

12/8/2025

Committee Referrals

Finance3/18/2025
Economic Development3/6/2025
Ways and Means2/14/2025
Economic Development and Technology1/27/2025

Full Bill Text

No bill text available