HB 2468 Summary

• Requires at least 50% of all general funds appropriated to the Office of Hawaiian Affairs each fiscal year to be distributed directly to beneficiaries of the public trust.

• Amends the budget submission requirements in Hawaii Revised Statutes Chapter 10 to ensure proposed expenditures comply with the 50% direct distribution requirement.

• Applies the 50% distribution requirement to budget preparation and submissions for fiscal year 2021-2022 and all subsequent fiscal years.

• Takes effect on July 1, 2020.