Bill Text: HI HB2219 | 2010 | Regular Session | Introduced
Bill Title: Emergency and Budget Reserve Fund; General Fund
Spectrum: Partisan Bill (Democrat 13-0)
Status: (Introduced - Dead) 2010-01-22 - (H) Referred to FIN, referral sheet 3 [HB2219 Detail]
Download: Hawaii-2010-HB2219-Introduced.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
2219 |
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TWENTY-FIFTH LEGISLATURE, 2010 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to the emergency and budget reserve fund.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. The legislature finds that expenditures from the emergency and budget reserve fund established by section 328L-3, Hawaii Revised Statutes, are needed to meet the emergency economic situation currently facing the State. The legislature determines that the moneys are urgently needed to:
(1) Maintain levels of programs determined to be essential to public health, safety, welfare, and education;
(2) Provide for counter-cyclical economic and employment programs in periods of economic downturn;
(3) Restore facilities destroyed or damaged or services disrupted by disaster in any other county; and
(4) Meet other emergencies when declared by the governor or determined to be urgent by the legislature.
The legislature further finds that the amounts appropriated under this Act are in the public interest.
SECTION 2. There is appropriated out of the emergency and budget reserve fund of the State of Hawaii the sum of $50,000,000 for fiscal year 2009-2010 to the general fund of the State of Hawaii.
SECTION 3. This Act shall take effect upon its approval.
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INTRODUCED BY: |
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Report Title:
Emergency and Budget Reserve Fund; General Fund
Description:
Appropriates $50,000,000 from the Emergency and Budget Reserve Fund for fiscal year 2009-2010 to the General Fund.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
