Report Title:

Emergency Appropriation; Social Security/Medicare Expenses

 

Description:

Emergency appropriation of $10,125,000 in FY 2001-2002 to pay for State's obligations of employee social security/Medicare expenses. (SD1)

THE HOUSE OF RERESENTATIVES

H.B. NO.

2459

TWENTY-FIRST LEGISLATURE, 2002

S.D. 1

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

MAKING EMERGENCY APPROPRIATION FOR SOCIAL SECURITY/MEDICARE EXPENSES.

 

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. Act 259, Session Laws of Hawaii 2001, appropriated a certain designated sum to the department of budget and finance for the payment of the social security/medicare expenses, as set forth in part VI of chapter 88, Hawaii Revised Statutes, for the fiscal year beginning July 1, 2001, and ending June 30, 2002.

Section 5 of Act 259, Session Laws of Hawaii 2001, authorizes the governor to transfer up to $15,000,000 in general funds to tourism (BED 113) for the operation and events of the Hawaii convention center. The department of budget and finance will expend all moneys appropriated for the social security/medicare costs before the end of the fiscal year, which includes transfer of funds to the Hawaii convention center. The department of budget and finance will be unable to meet its fiscal obligation to satisfy the State's obligation to provide for social security/medicare expenses.

The purpose of this Act is to appropriate moneys to satisfy the State's statutory requirement relating to the social security/medicare expenses.

SECTION 3. There is appropriated out of the general revenues of the State of Hawaii the sum of $10,125,000, or so much thereof as may be necessary for fiscal year 2001-2002, to defray the social security/medicare expenses of the public employees' retirement program.

The sum appropriated shall be expended by the department of budget and finance for the purposes of this Act.

SECTION 4. This Act shall take effect upon its approval.