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HOUSE OF REPRESENTATIVES

H.B. NO.

2459

TWENTY-FIRST LEGISLATURE, 2002

 

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, to the department of budget and finance to be used for defraying the social security/medicare expenses of the retirement program during fiscal year 2001-2002.

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

INTRODUCED BY:

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