SB 795 Summary

• Appropriates funds for operating expenses of the Department of Budget and Finance for the fiscal biennium July 1, 2019 through June 30, 2021.

• Authorizes debt service payments for the state, Department of Education, and University of Hawaii totaling approximately $67.4 million across both fiscal years.

• Appropriates health premium payments and annual required contribution (ARC) amounts totaling over $1.6 billion in general funds across both fiscal years.

• Establishes new permanent positions including one Investment Officer and two Retirement Claims Examiners, plus three temporary positions for benefits administration system and two temporary IT positions.

• Appropriates funds for system upgrades including mandatory VITECH IT cloud migration, Oracle Financials updates, telephone system replacement, and various other operational expenses and fringe benefit increases.