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Bill > HB1588


HI HB1588

HI HB1588
Relating To Hazard Mitigation.


summary

Introduced
01/21/2022
In Committee
04/28/2022
Crossed Over
03/04/2022
Passed
05/03/2022
Dead
Signed/Enacted/Adopted
07/12/2022

Introduced Session

2022 Regular Session

Bill Summary

Establishes the resilient Hawaii revolving loan fund under the Hawaii emergency management agency to make low- or no-interest loans to local governments and nonprofit organizations to conduct hazard mitigation and resiliency projects, using funds anticipated to be available under the federal Safeguarding Tomorrow through Ongoing Risk Mitigation Act. Establishes positions. Appropriates funds.

AI Summary

This bill establishes the "Resilient Hawaii Revolving Loan Fund" under the Hawaii Emergency Management Agency to provide low- or no-interest loans to local governments and nonprofit organizations for hazard mitigation and resiliency projects. The fund will be capitalized with federal, private, and state funds, and the loans can be used to satisfy the non-federal match for federal mitigation grants. The bill also appropriates $500,000 to the fund and establishes two new positions within the Hawaii Emergency Management Agency to administer the program.

Committee Categories

Budget and Finance, Government Affairs, Military Affairs and Security

Sponsors (2)

Last Action

Received notice of passage on Final Reading in House (Hse. Com. No. 824). (on 05/05/2022)

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