HB679 Summary

• Appropriates $297,000,000 in emergency general fund revenues to the Department of Budget and Finance for noncongregate housing, food, and other assistance for individuals affected by the August 8, 2023 Maui wildfires, with unexpended balance lapsing June 30, 2024.

• Appropriates $65,000,000 in general fund revenues for the State's contribution to the One Ohana Bank Trust Account to compensate individuals and personal representatives affected by serious physical injury or death from the Maui wildfires, with remaining balance returned to contributors upon fund closure.

• Transfers excess balances totaling approximately $30.7 million from various state department special funds and trust accounts to the general fund, including amounts from Agriculture, Attorney General, Business/Economic Development, Defense, Human Services, Health, Labor, and Land and Natural Resources departments.

• Converts Hawaii Housing Finance and Development Corporation's 2023-2024 appropriation from $230,000,000 in general funds to $230,000,000 in general obligation bonds for investment capital purposes.

• Declares the general fund expenditure ceiling for fiscal year 2023-2024 has been exceeded by $1,005,342,735 (9.4%) and will be further exceeded by the appropriations in this Act; provides temporary provisions for Maui wildfire recovery through June 30, 2026.