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Bill

Bill

SB 2199

RELATING TO THE POMAIKAI HAWAII FUND.

2026 Regular Session Introduced by Stanley Chang and 2 co-sponsors

SB 2199 establishes the Pomaikai Hawaii Fund to support economic development or community initiatives, currently under committee review after first reading passage.

Referred to EDT, WAM/JDC.
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Bill Summary · SB 2199

Legislative bill overview

SB 2199 establishes or modifies the Pomaikai Hawaii Fund, a financial mechanism intended to support economic development or community initiatives in Hawaii. The bill was introduced in January 2026 and is currently in committee review after passing first reading. Specific details about fund purposes, allocation mechanisms, and budget amounts are not provided in the action summary.

Why is this important

The creation or modification of dedicated state funds typically signals legislative commitment to addressing specific economic or social priorities. Hawaii's funding mechanisms directly affect resource distribution across the islands and can influence business development, workforce initiatives, or community services depending on the fund's design.

Potential points of contention

  • Fund purpose and eligibility criteria – Without knowing the fund's specific objectives, stakeholders may disagree on whether resources should prioritize certain industries, regions, or populations
  • Financing mechanism – Questions likely exist about how the fund is capitalized (appropriations, fees, tax revenue) and whether this diverts resources from other priorities
  • Oversight and accountability – Disputes may emerge regarding who manages the fund, how success is measured, and what transparency requirements apply

Compiled from official sources — confirm details with the bill’s official record.

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