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HI HB2428
Bill
Status
1/23/2014
Primary Sponsor
Linda Ichiyama
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AI Summary
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Appropriates $10,000,000 from general state revenues for fiscal year 2014-2015 as grant-in-aid to counties for repair and repaving of county roads.
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Requires counties to provide matching funds equal to the state appropriation amount to qualify for the grant.
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Counties must appropriate funds for road repair and repaving in their 2014-2015 budget that exceed the amount appropriated in their 2013-2014 budget; only the excess amount qualifies for state matching funds.
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Director of Finance must not release state matching funds until counties have encumbered their matching funds; any unencumbered or unreleased funds lapse on June 30, 2016.
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Takes effect July 1, 2050.
Legislative Description
Road Repair and Repaving; Appropriations; Counties; Grant-in-aid ($)
Last Action
The committee(s) on FIN recommend(s) that the measure be deferred.
2/20/2014