Adjusts the percentage of funds transferred from airport, state highway, and harbor special funds to the general fund.
This bill amends Hawaii Revised Statutes to adjust the percentage of funds transferred from the airport revenue fund, state highway fund, and harbor special fund to the general fund. It mandates a five percent deduction from these funds, with adjustments based on the Consumer Price Index for All Urban Consumers in Honolulu, minus food and energy costs. The governor can approve a zero percent adjustment if the index results in a negative percentage. The bill also allows the governor to correct clerical errors and repeals and adds statutory material as specified. It takes effect on July 1, 2025.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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