HI SB2829

Appropriates general funds to the emergency and budget reserve fund established under Hawaii Revised Statutes section 328L-3 for fiscal year 2014-2015.

Specific appropriation amount is left blank in the bill text, to be determined during the legislative process.

Department of Budget and Finance is designated to expend the appropriated funds for recapitalization purposes.

Establishes that the appropriation is intended to rebuild the State's fiscal reserves following an economic downturn when revenues have recovered.

Takes effect on July 1, 2030.