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HI HB1115
Bill
Status
4/22/2021
Primary Sponsor
Sylvia Luke
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AI Summary
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Amends Section 28-16, Hawaii Revised Statutes to redirect residual funds from civil action accounts to the emergency and budget reserve fund if no specific non-general fund applies to the action.
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Adds a new provision to Section 328L-3(a) allowing moneys received through civil actions in which the State is a party to be deposited into the emergency and budget reserve fund when no other law or court order specifies deposit elsewhere.
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Establishes separate and distinct accounts within the emergency and budget reserve fund for tobacco settlement moneys, civil action recoveries, legislative appropriations, and general fund revenue deposits.
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Takes effect upon approval.
Legislative Description
Relating To The State Funds.
Rainy Day Fund
Last Action
Act 009, 04/22/2021 (Gov. Msg. No. 1109).
4/22/2021