Loading chat...
HI HB1076
Bill
Status
1/23/2025
Primary Sponsor
Nadine Nakamura
Click for details
AI Summary
-
Establishes the Climate Mitigation and Resiliency Special Fund to be administered by the Department of Defense and funded through legislative appropriations, fees, grants, donations, interest from the Emergency and Budget Reserve Fund, and transient accommodations tax revenues.
-
Redirects all interest earned from the Emergency and Budget Reserve Fund to the new Climate Mitigation and Resiliency Special Fund instead of crediting it back to the reserve fund.
-
Authorizes use of fund moneys for projects addressing climate change impacts, including mitigation, adaptation, and resiliency initiatives, as well as consultant, personnel, and administrative costs for project development and implementation.
-
Appropriates an unspecified amount from the special fund for fiscal years 2025-2026 and 2026-2027 to advance climate change mitigation projects, with funds remaining unencumbered as of June 30, 2028 to lapse back to the source fund.
-
Effective date of July 1, 3000.
Legislative Description
Relating To State Funds.
Appropriation ($)
Last Action
Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with Representative(s) Shimizu voting aye with reservations; Representative(s) Alcos, Garcia, Muraoka, Pierick voting no (4) and Representative(s) Cochran, Ward excused (2).
2/11/2025