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HI HB2380
Bill
Status
5/13/2024
Primary Sponsor
Scott Saiki
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AI Summary
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Appropriates $179,000,000 from the mass transit special fund for fiscal year 2023-2024 to allow the Department of Budget and Finance to disburse available moneys.
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In fiscal year 2022-2023, the mass transit special fund received $405,454,763 in revenues, which exceeded the special fund ceiling by $27,879,763, resulting in a carryover of $123,756,991 into fiscal year 2023-2024.
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Anticipates a similar shortfall in the special fund ceiling for fiscal year 2023-2024 based on estimated revenues of $410,240,000 and the previous year's carryover.
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Recommends immediate passage by the governor in accordance with Article VII, Section 9 of the Hawaii Constitution.
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Takes effect upon approval.
Legislative Description
Making An Emergency Appropriation To The Department Of Budget And Finance.
Emergency Appropriation ($)
Last Action
Act 023, 05/13/2024 (Gov. Msg. No. 1123).
5/13/2024