PROPOSING AMENDMENT OF ARTICLE VII OF THE HAWAII CONSTITUTION TO ESTABLISH AN EMERGENCY AND BUDGET RESERVE FUND
By Senator(s) MIZUGUCHI (BR)
Companion Bill: HB 1039
Keywords: BUDGETS, CONSTITUTIONAL AMENDMENTS, GOVERNMENT FISCAL POLICIES, INCOME TAX, TAX CREDITS OR REFUNDS, TAXATION
Report Title: Rainy day fund
Description: Repeals the excess revenue tax refund. Establishes a fund for emergency and budget reserve purposes. Clarifies that appropriations to the fund are excluded from the general fund expenditure ceiling.
1-26-99 S Introduced and passed First Reading
1-28-99 S Referred to 1. WAM 2. JDC
1-19-00 S Carried over to 2000 Regular Session.