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HI SB3074

Bill

Official Source

Status

Engrossed

3/8/2022

Primary Sponsor

Ronald Kouchi

Click for details

Origin

Senate

2022 Regular Session

AI Summary

  • Appropriates general fund revenues to the Emergency and Budget Reserve Fund for fiscal year 2021-2022 to strengthen Hawaii's fiscal reserves
  • Aims to build reserves to approximately 14.7 percent of prior year general fund revenues to prepare for future economic shocks
  • Responds to vulnerabilities exposed by the COVID-19 pandemic and concerns about climate change, geopolitical tensions, and other potential future challenges
  • Specific appropriation amount is not filled in the bill text
  • Effective date is July 1, 2050

Legislative Description

Making An Appropriation To The Emergency And Budget Reserve Fund.

Appropriation ($)

Last Action

Referred to FIN, referral sheet 24

3/10/2022

Committee Referrals

Finance3/10/2022
Ways and Means1/26/2022

Full Bill Text

No bill text available