Bill Text: HI SB1033 | 2021 | Regular Session | Amended
Bill Title: Relating To Making An Emergency Appropriation To The Stadium Authority.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed - Dead) 2021-03-11 - Referred to ECD/WAL, FIN, referral sheet 22 [SB1033 Detail]
Download: Hawaii-2021-SB1033-Amended.html
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THE SENATE |
S.B. NO. |
1033 |
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THIRTY-FIRST LEGISLATURE, 2021 |
S.D. 2 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO MAKING AN EMERGENCY APPROPRIATION TO THE STADIUM AUTHORITY.
BE IT
ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. This Act is recommended by the governor for immediate passage in accordance with section 9 of article VII of the Constitution of the State of Hawaii.
SECTION 2. The legislature finds that social and economic
impact of the SARS-CoV-2 virus and the associated coronavirus disease 2019 (COVID-19)
pandemic on the State of Hawaii has been devastating. For the health and safety of the general
public, all public gathering places were closed in March 2020 to slow the
spread of COVID-19. This necessary
closure of public gathering places included sporting and entertainment events at
Aloha Stadium as well as its iconic Aloha Stadium swap meet and marketplace. As a result of the public gathering shutdown,
Aloha Stadium could no longer generate revenue and is projecting to exhaust its
cash balance before June 30, 2021.
The legislature
also finds that to continue to minimally maintain the operational use of Aloha
Stadium, it is imperative that the stadium receive a general fund cash appropriation
or infusion of $1,500,000 to complete fiscal year 2020-2021 and to provide sufficient
cash to begin the next fiscal year. In
anticipation of a cash shortfall, the stadium immediately furloughed its hourly
workers and adjusted its maintenance and other event-related contracts, where
reasonably and prudently possible.
The purpose
of this Act is to provide an emergency appropriation of general funds to allow Aloha
Stadium to continue to operate and maintain the facility in a safe condition
for the general public.
SECTION 3. There is appropriated out of the general
revenues of the State of Hawaii, the sum of $1,500,000 or so much thereof as
may be necessary for fiscal year 2020-2021 to be deposited into the stadium
special fund created pursuant to section 109-3, Hawaii Revised Statutes, for
payroll and other current expenses, including current operating and maintenance
expenses necessary to maintain the facility in a safe condition for the general
public.
The sum appropriated shall be expended by the stadium authority for the purposes of this Act.
SECTION 4. This Act shall take effect on July 1, 2050.
Report Title:
Emergency Appropriation; Stadium Authority
Description:
Makes an emergency appropriation to provide funds for the Stadium Authority for payroll and other expenses. Effective 7/1/2050. (SD2)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
