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HI HB1443

Bill

Status

Engrossed

3/5/2013

Primary Sponsor

Romy Cachola

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

  • Authorizes the Hawaii Hurricane Relief Fund to conduct itself as a private entity for purposes of participating in the insurance market.

  • Reactivates the special mortgage recording fee that was suspended in 2001 through board resolution.

  • Establishes blank dollar thresholds (to be filled in) for fund accumulation targets, rate control triggers, and minimum balance requirements to trigger replenishment rates.

  • Appropriates an unspecified amount from general revenues for fiscal year 2013-2014 to be deposited into the Hawaii Hurricane Relief Fund.

  • 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