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HI HB1443
Bill
Status
Engrossed
3/5/2013
Primary Sponsor
Romy Cachola
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AI Summary
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Authorizes the Hawaii Hurricane Relief Fund to conduct itself as a private entity for purposes of participating in the insurance market.
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Reactivates the special mortgage recording fee that was suspended in 2001 through board resolution.
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Establishes blank dollar thresholds (to be filled in) for fund accumulation targets, rate control triggers, and minimum balance requirements to trigger replenishment rates.
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Appropriates an unspecified amount from general revenues for fiscal year 2013-2014 to be deposited into the Hawaii Hurricane Relief Fund.
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Effective date delayed to July 1, 2030.
Legislative Description
Hawaii Hurricane Relief Fund ($)
Last Action
Re-Referred to CPN, WAM.
3/7/2013
Committee Referrals
Ways and Means3/7/2013
Finance2/15/2013
Consumer Protection & Commerce2/6/2013
Public Safety1/28/2013
Full Bill Text
No bill text available