HI SB2357

Appropriates unspecified amounts from general revenues for fiscal year 2018-2019 to deposit into the emergency and budget reserve fund under Hawaii Revised Statutes section 328L-3.

Appropriates unspecified amounts from general revenues for fiscal year 2018-2019 to pre-pay the State's unfunded accrued pension liability for state employees through the employees' retirement system.

Appropriates unspecified amounts from general revenues for fiscal year 2018-2019 to pre-pay the State's annual required contribution for other post-employment benefit liability under the Hawaii employer-union health benefits trust fund.

Complies with Article VII, Section 6 of the Hawaii Constitution regarding disposition of excess general fund revenues when the state general fund balance exceeds five percent of general fund revenues for two successive fiscal years.

Takes effect July 1, 2018.