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HI HB1115

Bill

Status

Passed

4/22/2021

Primary Sponsor

Sylvia Luke

Click for details

Origin

House of Representatives

2021 Regular Session

AI Summary

  • 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.

  • 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.

  • 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.

  • 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

Committee Referrals

Ways and Means3/9/2021
Finance2/18/2021
Judiciary & Hawaiian Affairs2/1/2021

Full Bill Text

No bill text available