Bills

HB 1164: DOT; Budget Provisions; Highway Revenue Bonds; Bond Authorization

Session Year: 2025-2026
House: House
Latest Version Date: 2025-03-20

Current Status:

Failed

(2026-04-17: Re-Referred to TRS, WAM.)

Introduced

In Committee

First Chamber

In Committee

Second Chamber

Final Decking

Enacted

Version:

Restores the revenue bond authorization for the Department of Transportation to issue Highway Revenue Bonds for highway capital improvement projects authorized in Act 164, SLH 2023, as amended by Act 230, SLH 2024. Takes effect 1/1/3000. (SD1)

Version:

HB1164 SD1

HOUSE OF REPRESENTATIVES	H.B. NO.	1164
THIRTY-THIRD LEGISLATURE, 2025		H.D. 1
STATE OF HAWAII		S.D. 1

A BILL FOR AN ACT

RELATING TO HIGHWAY REVENUE BONDS.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. Act 164, Session Laws of Hawaii 2023, as amended by Act 230, Session Laws of Hawaii 2024, is amended by adding a new section to part VII to read as follows:

"SECTION 15.4. HIGHWAY REVENUE BONDS. The department of transportation may issue highway revenue bonds for highway capital improvement projects authorized in part II and listed in part V of this Act and designated to be financed by revenue bond funds or by general obligation bond funds with the debt service cost to be paid from special funds, in a principal amount as shall be required to yield the amounts appropriated for the capital improvement projects and, if so determined by the department and approved by the governor, any additional principal amount as may be deemed necessary by the department to pay interest on the highway revenue bonds during the estimated period of construction of the capital improvement projects for which the highway revenue bonds are issued, to establish, maintain, or increase reserves for the highway revenue bonds or highway revenue bonds heretofore authorized (whether authorized and issued or authorized and still unissued), and to pay all or any part of the expenses related to the issuance of the highway revenue bonds. The highway revenue bonds shall be issued pursuant to part III of chapter 39, Hawaii Revised Statutes, as amended. The principal of and interest on the highway revenue bonds, to the extent not paid from the proceeds of the highway revenue bonds, shall be payable from and secured by the revenues derived from highways and related facilities under the ownership of the State or operated and managed by the department; from the highway fuel taxes, vehicle weight taxes, and vehicle registration fees levied and paid pursuant to sections 243-4, 248-8, 249-31, and 249-33, Hawaii Revised Statutes; from federal moneys received by the State or any department thereof that are available to pay principal of or interest on indebtedness of the State, or the part of any thereof as the department may determine; and from other user taxes, fees, or charges currently or hereafter derived from or arising through the ownership, operation, and management of highways and related facilities and the furnishing and supplying of the services thereof. The expenses related to the issuance of the highway revenue bonds, to the extent not paid from the proceeds of the bonds, shall be paid from the state highway fund.

The governor, in the governor's discretion, may use the state highway fund to finance those projects authorized in part II and listed in part V of this Act where the method of financing is designated to be by highway revenue bond funds."

SECTION 2. If any portion of this Act or its application to any person, entity, or circumstance is held to be invalid for any reason, then the legislature declares that the remainder of the Act and each and every other provision thereof shall not be affected thereby. If any portion of a specific appropriation is held to be invalid for any reason, the remaining portion shall be expended to fulfill the objective of such appropriation to the extent possible.

SECTION 3. If manifest clerical, typographical, or other mechanical errors are found in this Act, the governor may correct such errors.

SECTION 4. New statutory material is underscored.

SECTION 5. This Act shall take effect on January 1, 3000.

Report Title:

DOT; Budget Provisions; Highway Revenue Bonds; Bond Authorization

Description:

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.

HB1164 HD1

HOUSE OF REPRESENTATIVES	H.B. NO.	1164
THIRTY-THIRD LEGISLATURE, 2025		H.D. 1
STATE OF HAWAII

A BILL FOR AN ACT

RELATING TO HIGHWAY REVENUE BONDS.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. Act 164, Session Laws of Hawaii 2023, as amended by Act 230, Session Laws of Hawaii 2024, is amended by adding a new section to part VII to read as follows:

SECTION 3. If manifest clerical, typographical, or other mechanical errors are found in this Act, the governor may correct such errors.

SECTION 4. New statutory material is underscored.

SECTION 5. This Act shall take effect on July 1, 3000.

Report Title:

Budget Provisions; Highway Revenue Bonds; Bond Authorization; Department of Transportation

Description:

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.

HB1164

HOUSE OF REPRESENTATIVES	H.B. NO.	1164
THIRTY-THIRD LEGISLATURE, 2025
STATE OF HAWAII

A BILL FOR AN ACT

RELATING TO HIGHWAY REVENUE BONDS.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. Part VII of Act 164, Session Laws of Hawaii 2023, as amended by Act 230, Session Laws of Hawaii 2024, is further amended by adding a new section 15.4 to read as follows:

SECTION 3. If manifest clerical, typographical, or other mechanical errors are found in this Act, the governor may correct such errors.

SECTION 4. New statutory material is underscored.

SECTION 5. This Act shall take effect upon its approval.

INTRODUCED BY:

_____________________________

BY REQUEST

Report Title:

Budget Provisions; Highway Revenue Bonds; Bond Authorization; Department of Transportation

Description:

Restores the revenue bond authorization for the Department of Transportation to issue Highway Revenue Bonds for highway capital improvement projects authorized in Act 164, Session Laws of Hawaii (SLH) 2023, as amended by Act 230, SLH 2024. Effective upon approval.

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.

Date	Status
Apr 17, 2026	Re-Referred to TRS, WAM.
Apr 2, 2026	Received notice of the discharge of all House Conferees (Hse. Com. No. 457).
Apr 1, 2026	House Conferee(s) discharged.
Mar 20, 2026	Received notice of all Senate conferees being discharged (Sen. Com. No. 409).
Mar 20, 2026	Senate Conferee(s) discharged.
Dec 8, 2025	Carried over to 2026 Regular Session.
Apr 25, 2025	Conference committee meeting to reconvene on 04-25-25 5:15 PM; Conference Room 225.
Apr 25, 2025	Conference Committee Meeting will reconvene on Friday, 04-25-25 at 3:30PM in Conference Room 411.
Apr 25, 2025	Conference Committee Meeting will reconvene on Friday, 04-25-25 at 2:00PM in Conference Room 411.
Apr 25, 2025	Conference Committee Meeting will reconvene on Friday, 04-25-25 at 12:30PM in Conference Room 329.
Apr 25, 2025	Conference Committee Meeting will reconvene on Friday, 04-25-25 at 11:30AM in Conference Room 329.
Apr 24, 2025	Conference committee meeting to reconvene on 04-25-25 9:30AM; Conference Room 329.
Apr 23, 2025	Conference committee meeting to reconvene on 04-24-25 10:30AM; Conference Room 329.
Apr 22, 2025	Conference committee meeting to reconvene on 04-23-25 10:30AM; Conference Room 329.
Apr 21, 2025	Conference committee meeting to reconvene on 04-22-25 10:35AM; Conference Room 329.
Apr 17, 2025	Bill scheduled for Conference Committee Meeting on Monday, 04-21-25 9:00AM in conference room 329.
Apr 16, 2025	Received notice of Senate conferees (Sen. Com. No. 810).
Apr 16, 2025	Senate Conferees Appointed: Lee, C. Chairs; Aquino Co-Chair; Elefante, DeCorte.
Apr 15, 2025	Received notice of appointment of House conferees (Hse. Com. No. 732).
Apr 14, 2025	House Conferees Appointed: Kila, Grandinetti Co-Chairs; Pierick.
Apr 11, 2025	Received notice of disagreement (Hse. Com. No. 704).
Apr 10, 2025	House disagrees with Senate amendment (s).
Apr 8, 2025	Returned from Senate (Sen. Com. No. 742) in amended form (SD 1).
Apr 8, 2025	Report adopted; Passed Third Reading. Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
Apr 4, 2025	One Day Notice 04-08-25.
Apr 4, 2025	Reported from WAM (Stand. Com. Rep. No. 1792) with recommendation of passage on Third Reading.
Apr 2, 2025	The 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, Aquino, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
Mar 27, 2025	The committee(s) on WAM will hold a public decision making on 04-02-25 10:01AM; Conference Room 211 & Videoconference.
Mar 21, 2025	Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
Mar 21, 2025	Reported from TCA (Stand. Com. Rep. No. 1316) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
Mar 18, 2025	The committee(s) on TCA recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in TCA were as follows: 5 Aye(s): Senator(s) Lee, C., Inouye, Elefante, Kanuha, DeCorte; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
Mar 14, 2025	The committee(s) on TCA has scheduled a public hearing on 03-18-25 3:00PM; Conference Room 224 & Videoconference.
Mar 4, 2025	Referred to TCA, WAM.
Mar 4, 2025	Passed First Reading.
Mar 4, 2025	Received from House (Hse. Com. No. 151).
Feb 28, 2025	Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Pierick, Templo, Ward excused (4). Transmitted to Senate.
Feb 28, 2025	Reported from FIN (Stand. Com. Rep. No. 921), recommending passage on Third Reading.
Feb 21, 2025	The committee on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 13 Ayes: Representative(s) Yamashita, Takenouchi, Grandinetti, Holt, Hussey, Keohokapu-Lee Loy, Kitagawa, Kusch, Lamosao, Miyake, Morikawa, Templo, Reyes Oda; Ayes with reservations: none; Noes: none; and 3 Excused: Representative(s) Lee, M., Alcos, Ward.
Feb 19, 2025	Bill scheduled to be heard by FIN on Friday, 02-21-25 12:00PM in House conference room 308 VIA VIDEOCONFERENCE.
Feb 12, 2025	Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Cochran, Sayama, Ward excused (3).
Feb 12, 2025	Reported from TRN (Stand. Com. Rep. No. 507) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
Feb 11, 2025	The committee on TRN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Kila, Grandinetti, Evslin, Kitagawa, La Chica, Miyake, Muraoka, Pierick; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Cochran.
Feb 7, 2025	Bill scheduled to be heard by TRN on Tuesday, 02-11-25 9:30AM in House conference room 430 VIA VIDEOCONFERENCE.
Jan 23, 2025	Referred to TRN, FIN, referral sheet 3
Jan 23, 2025	Introduced and Pass First Reading.
Jan 21, 2025	Pending introduction.

Date	Description	Location	Votes
Apr 8, 2025	Third Reading	Senate Floor	25 0 0 Passed
Apr 2, 2025	The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED	Senate Standing Committee on Ways and Means	13 0 0 Passed
Mar 18, 2025	The committee(s) on TCA recommend(s) that the measure be PASSED, WITH AMENDMENTS	Senate Standing Committee on Transportation and Culture and the Arts	5 0 0 Passed
Feb 28, 2025	Third Reading	House Floor	47 0 4 Passed
Feb 21, 2025	The committee on FIN recommend that the measure be PASSED, UNAMENDED	House Standing Committee on Finance	13 0 3 Passed
Feb 11, 2025	The committee on TRN recommend that the measure be PASSED, WITH AMENDMENTS	House Standing Committee on Transportation	8 0 1 Passed

Key

Pro

Against

Did Not Vote

This list shows positions taken on this bill by organizations on the date displayed, which is linked to the original source.

Positions by individuals are not included.

* Testimony in a hearing

** Position recorded in bill analysis

*** Position recorded in written testimony

Organization	Position	Date
Department of Transportation	** Support
Hawaii Department of Transportation	*** Support	Apr 2, 2025

* Testimony in a hearing

** Position recorded in bill analysis

*** Position recorded in written testimony

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STAND. COM. REP. NO. 1792

Honolulu, Hawaii

RE: H.B. No. 1164

H.D. 1

S.D. 1

Honorable Ronald D. Kouchi

President of the Senate

Thirty-Third State Legislature

Regular Session of 2025

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred H.B. No. 1164, H.D. 1, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO HIGHWAY REVENUE BONDS,"

begs leave to report as follows:

The purpose and intent of this measure is to restore the revenue bond authorization for the Department of Transportation to issue highway revenue bonds for highway capital improvement projects authorized in Act 164, Session Laws of Hawaii 2023, as amended by Act 230, Session Laws of Hawaii 2024.

Your Committee received written comments in support of this measure from the Department of Transportation.

Your Committee finds that the restoration of revenue bond authorization for the Department of Transportation will expand the department's access to additional funding for highway capital improvement projects and thus help expedite critical infrastructure development. Your Committee further finds that the restoration of revenue bond authorization will enable more flexible financing options, reducing the burden on general funds and helping ensure timely completion of necessary highway repairs and upgrades.

As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1164, H.D. 1, S.D. 1, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

________________________________

DONOVAN M. DELA CRUZ, Chair

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STAND. COM. REP. NO. 1316

Honolulu, Hawaii

RE: H.B. No. 1164

H.D. 1

S.D. 1

Honorable Ronald D. Kouchi

President of the Senate

Thirty-Third State Legislature

Regular Session of 2025

State of Hawaii

Sir:

Your Committee on Transportation and Culture and the Arts, to which was referred H.B. No. 1164, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO HIGHWAY REVENUE BONDS,"

begs leave to report as follows:

The purpose and intent of this measure is to restore the revenue bond authorization for the Department of Transportation to issue Highway Revenue Bonds for highway capital improvement projects authorized in Act 164, Session Laws of Hawaii 2023, as amended by Act 230, Session Laws of Hawaii 2024.

Your Committee received testimony in support of this measure from the Department of Transportation.

Your Committee finds that the Department of Transportation (Department) subsidizes fundamental transportation infrastructure projects through the issuance of Highway Revenue Bonds. Presently, the Department's planned issuance of Highway Revenue Bonds cannot proceed until this bond authorization is restored. While the Department obtained a temporary general fund loan as a financial bridge for operational costs and vendor payments, ensuring a consistent financing model is necessary for the continuity of transportation operations. Accordingly, this measure will enable the Department to reimburse the general fund by restoring the bond authorization for Highway Revenue Bonds.

Your Committee has amended this measure by inserting an effective date of January 1, 3000, to encourage further discussion.

As affirmed by the record of votes of the members of your Committee on Transportation and Culture and the Arts that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1164, H.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1164, H.D. 1, S.D. 1, and be referred to your Committee on Ways and Means.

Respectfully submitted on behalf of the members of the Committee on Transportation and Culture and the Arts,

________________________________

CHRIS LEE, Chair

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STAND. COM. REP. NO. 921

Honolulu, Hawaii

, 2025

RE: H.B. No. 1164

H.D. 1

Honorable Nadine K. Nakamura

Speaker, House of Representatives

Thirty-Third State Legislature

Regular Session of 2025

State of Hawaii

Madame:

Your Committee on Finance, to which was referred H.B. No. 1164, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO HIGHWAY REVENUE BONDS,"

begs leave to report as follows:

The purpose of this measure is to restore the Highway Revenue Bond authorization for the Department of Transportation for highway capital improvement projects authorized in Act 164, Session Laws of Hawaii 2023, as amended by Act 230, Session Laws of Hawaii 2024.

Your Committee received testimony in support of this measure from the Department of Transportation.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1164, H.D. 1, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

KYLE T. YAMASHITA, Chair

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STAND. COM. REP. NO. 507

Honolulu, Hawaii

, 2025

RE: H.B. No. 1164

H.D. 1

Honorable Nadine K. Nakamura

Speaker, House of Representatives

Thirty-Third State Legislature

Regular Session of 2025

State of Hawaii

Madame:

Your Committee on Transportation, to which was referred H.B. No. 1164 entitled:

"A BILL FOR AN ACT RELATING TO HIGHWAY REVENUE BONDS,"

begs leave to report as follows:

Your Committee received testimony in support of this measure from the Department of Transportation.

Your Committee finds that this bill will ensure the Department of Transportation can issue highway revenue bonds to fund highway capital improvement projects.

Your Committee respectfully requests your Committee on Finance, should it deliberate on this measure, to work with the Department of Transportation and Department of Budget and Finance on this matter.

Your Committee has amended this measure by:

(1) Changing the effective date to July 1, 3000, to encourage further discussion; and

(2) Making technical, nonsubstantive amendments for the purposes of clarity, consistency, and style.

As affirmed by the record of votes of the members of your Committee on Transportation that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1164, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1164, H.D. 1, and be referred to your Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Transportation,

____________________________

DARIUS KILA, Chair

Date	Testimony PDF
Apr 2, 2025	HB1164_SD1_TESTIMONY_WAM_04-02-25_.PDF
Mar 18, 2025	HB1164_HD1_TESTIMONY_TCA_03-18-25_.PDF
Feb 21, 2025	HB1164_HD1_TESTIMONY_FIN_02-21-25_.PDF
Feb 10, 2025	HB1164_TESTIMONY_TRN_02-11-25_.PDF

Discussed in Hearing

17SEC

Authors shown for version:
HB1164_SD1 (3/20/2025)

HB 1164: DOT; Budget Provisions; Highway Revenue Bonds; Bond Authorization

Current Status:

Conference Committee

Senate Standing Committee on Transportation and Culture and the Arts

House Standing Committee on Finance