Transfers excess funds from various special funds to the general fund for fiscal year 2026-2027.
The bill directs the transfer of excess funds from various special funds to the general fund for fiscal year 2026-2027. This action is taken in response to anticipated federal funding reductions and economic uncertainties. The funds to be transferred include those from the University of Hawaii, Department of Land and Natural Resources, Department of Health, and others. The intent is to ensure the state's ability to fund essential programs without jeopardizing federal aid or bond obligations. The bill takes effect retroactively upon approval.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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