Bill Text: HI SB2969 | 2022 | Regular Session | Amended
Bill Title: Relating To An Agricultural Emergency Special Fund.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Engrossed - Dead) 2022-03-10 - Referred to AGR, FIN, referral sheet 24 [SB2969 Detail]
Download: Hawaii-2022-SB2969-Amended.html
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THE SENATE |
S.B. NO. |
2969 |
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THIRTY-FIRST LEGISLATURE, 2022 |
S.D. 2 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO AN AGRICULTURAL EMERGENCY SPECIAL FUND.
BE IT
ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Chapter 155, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:
"§155- Agricultural emergency special fund.
(a) There is established in the state treasury the
agricultural emergency special fund into which shall be deposited:
(1) Agricultural charges received for the use
and services of the loan program, including the repayment of loans funded by the
agricultural emergency special fund;
(2) All other funds received by the department of
agriculture and available for the purposes of the agricultural emergency
special fund;
(3) Interest earnings on all amounts in the agricultural
emergency special fund;
(4) Appropriations by the legislature to the special
fund; and
(5) Any other moneys permitted by the board of agriculture.
(b) Moneys in the agricultural emergency special
fund shall be used for the purposes of:
(1) Making agricultural emergency loans;
(2) Paying administrative costs of the loan program;
and
(3) Paying any other costs related to the loan program."
SECTION 2. There
is appropriated out of the general revenues of the State of Hawaii the sum of $
or so much thereof as may be necessary for
fiscal year 2022-2023 to be deposited into the agricultural emergency special fund.
SECTION 3. There
is appropriated out of the agricultural emergency special fund the sum of $
or so much thereof as may be necessary for fiscal year 2022-2023 for the purposes
of this Act.
The sum appropriated shall be expended by
the department of agriculture for the purposes of this Act.
SECTION 4. New statutory material is underscored.
SECTION 5. This Act shall take effect on July 1, 2050.
Report Title:
Agricultural Emergency Special Fund; Appropriation
Description:
Establishes an agricultural emergency special fund to provide agricultural emergency loans. Makes an appropriation. 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.
