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Bill > SB3095
HI SB3095
HI SB3095Relating To The Hawaii Employer-union Health Benefits Trust Fund Investment Office Staff Salaries.
summary
Introduced
01/28/2026
01/28/2026
In Committee
02/20/2026
02/20/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Enables the Board of Trustees of the Hawaii Employer-Union Health Benefits Trust Fund to establish appropriate salaries for the investment officers and investment analysts of the Trust Fund. Effective 1/1/2077. (SD1)
AI Summary
This bill, effective January 1, 2077, allows the Board of Trustees of the Hawaii Employer-Union Health Benefits Trust Fund (HEBTF) to set salaries for its investment officers and investment analysts, recognizing that private sector compensation for such roles is significantly higher and that this authority is needed to attract and retain qualified staff to manage the fund's substantial investments. The HEBTF is a trust fund that provides health benefits to Hawaii's employers and their unionized employees, and this change aligns its salary-setting power for investment personnel with that of the employees' retirement system.
Committee Categories
Budget and Finance, Labor and Employment
Sponsors (1)
Last Action
Senate Ways and Means Decision (10:31:00 3/2/2026 Conference Room 211 & Videoconference) (on 03/02/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=3095&year=2026 |
| BillText | https://www.capitol.hawaii.gov/sessions/session2026/bills/SB3095_SD1_.HTM |
| Committee Report SB3095_SD1_SSCR2539_ | https://www.capitol.hawaii.gov/sessions/session2026/CommReports/SB3095_SD1_SSCR2539_.pdf |
| SB3095_TESTIMONY_LBT_02-18-26_ | https://www.capitol.hawaii.gov/sessions/session2026/Testimony/SB3095_TESTIMONY_LBT_02-18-26_.PDF |
| BillText | https://www.capitol.hawaii.gov/sessions/session2026/bills/SB3095_.HTM |
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