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HI HB1043

HI HB1043
Relating To Funding Adjustments For State Programs.


summary

Introduced
01/23/2025
In Committee
01/23/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

Makes emergency appropriations and commensurate reductions to pay for anticipated operating shortfalls due to the limited ability to transfer funds between programs.

AI Summary

This bill addresses a critical funding issue for Hawaii state departments by providing emergency appropriations for fiscal year 2024-2025. Previously, budget acts allowed departments to transfer funds between programs with legislative notification, but recent legislative changes eliminated this flexibility. Consequently, departments are now restricted in their ability to move funds to address changing operational needs. The bill aims to resolve this by appropriating additional general funds as emergency appropriations to cover operating shortfalls in the third quarter of the fiscal year. These emergency appropriations are designed to be budget neutral, meaning they will not increase overall state spending but will instead adjust funding levels to match anticipated program activities. The bill is recommended by the governor for immediate passage and will take effect upon approval, helping state departments maintain financial stability and operational continuity by providing them with the necessary funding adjustments to manage their programs effectively.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to FIN, referral sheet 3 (on 01/23/2025)

bill text


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