Establishes the Climate Mitigation and Resiliency Special Fund to address climate change impacts in Hawaii.
The bill establishes the Climate Mitigation and Resiliency Special Fund in Hawaii to address climate change impacts. The fund will receive appropriations, fees, grants, donations, and interest from the emergency and budget reserve fund and the transient accommodations tax. It will be administered by the Department of Defense and used for projects mitigating, adapting to, or increasing resiliency against climate change. Interest from the emergency and budget reserve fund will be credited to the new fund.
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