HI HB564 | 2011 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 5-0)
Status: Engrossed on March 8 2011 - 50% progression, died in committee
Action: 2011-03-10 - (S) Referred to JDL, WAM.
Pending: Senate Judiciary and Labor Committee
Text: Latest bill text (Amended) [HTML]
Status: Engrossed on March 8 2011 - 50% progression, died in committee
Action: 2011-03-10 - (S) Referred to JDL, WAM.
Pending: Senate Judiciary and Labor Committee
Text: Latest bill text (Amended) [HTML]
Summary
Increases from five per cent to ten per cent the percentage of moneys from the excess general fund balance to be deposited into the emergency and budget reserve fund as a temporary source of funding for the State during times of emergency, severe economic downturn, and unforeseen reduction in revenues. Requires five per cent of the excess general fund balance to be used to reduce the unfunded liability of the Employees Retirement System. Effective June 30, 2011. (HB564 HD1)
Title
Emergency and Budget Reserve Fund; General Fund Balance
Sponsors
| Rep. Pono Chong [D] | Rep. Marilyn Lee [D] | Rep. Blake Oshiro [D] | Rep. Calvin Say [D] |
| Rep. Kyle Yamashita [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-03-10 | (S) Referred to JDL, WAM. | |
| 2011-03-10 | (S) Passed First Reading. | |
| 2011-03-10 | (S) Received from House (Hse. Com. No. 127). | |
| 2011-03-08 | (H) Passed Third Reading with none voting aye with reservations; none voting no (0) and none excused (0). Transmitted to Senate. | |
| 2011-03-04 | (H) Passed Second Reading as amended in HD 1; placed on the calendar for Third Reading with none voting no (0) and Cabanilla, Ching, C. Lee, McKelvey, Saiki, Takumi excused (6). | |
| 2011-03-04 | (H) Reported from FIN (Stand. Com. Rep. No. 672) as amended in HD 1, recommending passage on Second Reading and placement on the calendar for Third Reading. | |
| 2011-03-02 | (H) The committees on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 16 Ayes: M. Oshiro, M. Lee, Chong, Choy, Coffman, Cullen, Har, Hashem, Ichiyama, Jordan, C. Lee, Morikawa, Tokioka, Yamashita, Marumoto, Riviere; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Ward. | |
| 2011-03-01 | (H) Bill scheduled for decision making on Wednesday, 03-02-11 3:40PM in conference room 308. | |
| 2011-03-01 | (H) The committee(s) recommends that the measure be deferred until 03-02-11. | |
| 2011-02-26 | (H) Bill scheduled for decision making on Monday, 02-28-11 5:30PM in conference room 308. | |
| 2011-02-15 | (H) The committee(s) recommends that the measure be deferred. | |
| 2011-02-12 | (H) Bill scheduled to be heard by FIN on Tuesday, 02-15-11 2:00PM in House conference room 308. | |
| 2011-01-24 | (H) Referred to FIN, referral sheet 1 | |
| 2011-01-24 | (H) Introduced and Pass First Reading. | |
| 2011-01-21 | (H) Pending introduction. |
