Establishes the Pomaikai Hawaii Fund to invest state revenues and distribute earnings as dividends to residents.

The bill establishes the Pomaikai Hawaii Fund, a sovereign wealth fund, to invest state revenues from tourism, budget surpluses, legal settlements, and other sources for long-term benefits. The fund will distribute earnings as annual dividends to qualifying residents starting in 2030. The fund will be managed by a board of directors appointed by the governor, including public members with expertise in finance or business. The board will determine eligibility criteria, dividend amounts, and distribution procedures.

Establishes the Pomaikai Hawaii Fund to invest state revenues and distribute earnings as dividends to residents.

The bill establishes the Pomaikai Hawaii Fund, a sovereign wealth fund, to invest state revenues from tourism, budget surpluses, legal settlements, and other sources for long-term benefits. The fund will distribute earnings as annual dividends to qualifying residents starting in 2030. The fund will be managed by a board of directors appointed by the governor, including public members with expertise in finance or business. The board will determine eligibility criteria, dividend amounts, and distribution procedures.