Establishes a trust fund for Maui wildfire settlement claims compensation.

The bill establishes the Maui wildfires settlement trust fund to compensate individuals for property damage, personal injury, wrongful death, emotional distress, and economic loss from the Maui wildfires. The State of Hawaii, along with other entities, agreed to pay $4.037 billion in total, with the State contributing approximately $807.5 million over four years. The fund will be administered by the attorney general and used to pay eligible claims and administrative costs. The fund will terminate upon payment of all claims, with remaining moneys reverting to the State's general fund.

Establishes a trust fund for Maui wildfire settlement claims compensation.

The bill establishes the Maui wildfires settlement trust fund to compensate individuals for property damage, personal injury, wrongful death, emotional distress, and economic loss from the Maui wildfires. The State of Hawaii, along with other entities, agreed to pay $4.037 billion in total, with the State contributing approximately $807.5 million over four years. The fund will be administered by the attorney general and used to pay eligible claims and administrative costs. The fund will terminate upon payment of all claims, with remaining moneys reverting to the State's general fund.