HI SB1081

Requires the Department of Budget and Finance to conduct a feasibility study on establishing a Legislative Budget Office, examining costs for office space, equipment, staffing, and implementation timeline

The proposed Legislative Budget Office would prepare fiscal analyses of bills affecting state or county revenues/expenditures before committee passage and third readings

Fiscal analyses would be distributed to bill introducers, committee members, and all legislators, and made publicly available on the legislature's website

Repeals Chapter 21F, Hawaii Revised Statutes, eliminating the existing Joint Legislative Budget Committee and Office of the Legislative Analyst, which were created in 1990 but never implemented or funded

Appropriates unspecified funds for fiscal years 2025-2026 and 2026-2027 for the feasibility study, with a report due 20 days before the 2027 legislative session