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Bill > HB1262


HI HB1262

HI HB1262
Relating To The Emergency And Budget Reserve Fund.


summary

Introduced
01/23/2025
In Committee
01/27/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

Adds, as an allowable use of the Emergency and Budget Reserve Fund, economic payments to certain residents who have incurred losses in a disaster for which the Governor has declared a state of emergency.

AI Summary

This bill amends the Hawaii Revised Statutes to expand the allowable uses of the Emergency and Budget Reserve Fund by adding a new provision for economic payments to certain Hawaii residents who have experienced significant losses during a state of emergency. Specifically, the bill allows the legislature to make appropriations from the fund to provide financial assistance to residents with annual gross incomes below a certain threshold who have lost their homes, jobs, food, clothing, or transportation due to a disaster. The economic payment would be the lesser of either an amount set by the governor (which must be at least $20,000) or the state minimum wage multiplied by 1,333 hours. This modification is added to the existing list of fund purposes, which include maintaining essential public services, supporting economic programs during downturns, restoring disaster-damaged facilities, and addressing other emergencies. Any appropriation from the fund would still require a two-thirds majority vote in each house of the legislature and must include a declaration of findings and purposes explaining the necessity of the expenditure.

Committee Categories

Military Affairs and Security

Sponsors (4)

Last Action

Carried over to 2026 Regular Session. (on 12/08/2025)

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