Report Title:

Hawaii Hurricane Loss Mitigation Grant Fund; Appropriation

Description:

Appropriates funds for the loss mitigation grant fund.

THE SENATE

S.B. NO.

626

TWENTY-SECOND LEGISLATURE, 2003

 

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

making an appropriation for the loss mitigation grant fund.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. There is appropriated out of the general revenues of the State of Hawaii the sum of $2,000,000, or so much thereof as may be necessary for fiscal year 2003-2004, to be deposited into the loss mitigation grant fund.

There is appropriated out of the loss mitigation grant fund the sum of $2,000,000, or so much thereof as may be necessary for fiscal year 2003-2004, to develop and implement the grant program established by Act 179, Session Laws of Hawaii 2002.

SECTION 2. The sum appropriated shall be expended by the insurance commissioner for the purposes of this Act.

SECTION 3. This Act shall take effect on July 1, 2003.

INTRODUCED BY:

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