HI SCR34

Requests the Department of Budget and Finance to study the feasibility and benefits of creating a state-owned sovereign wealth fund for Hawaii.

The proposed fund would invest state revenues from tourism, budget surpluses, legal settlements, and other sources to generate long-term financial returns for residents.

Investment earnings could potentially be distributed as cash dividends to qualified residents to help offset Hawaii's high cost of living.

Over 90 countries and several U.S. states currently operate sovereign wealth funds for long-term economic stability and intergenerational equity.

The Department must submit findings, recommendations, and any proposed legislation to the Legislature no later than 20 days before the 2027 Regular Session.