HawaiiHawaii would set aside $50 million for its emergency reserve
Hawaii would put up to $50 million from general revenues into its emergency reserve for fiscal year 2026–2027.
What it does
Hawaii would set aside up to $50 million from general revenues in its emergency and budget reserve fund for fiscal year 2026–2027.
Argument forAdding $50 million to the emergency reserve could give the state more funds to use during emergencies or a downturn.
Argument againstSetting aside $50 million could leave less general money available for other state needs during the 2026–2027 fiscal year.
More detail
The state would set aside $50 million from general revenues in its emergency and budget reserve fund. The deposit goes to Hawaii’s emergency and budget reserve fund. The amount is limited to $50 million, or as much of that amount as needed. The act takes effect July 1, 2026; the deposit is for fiscal year 2026–2027.
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Where it stands
- Introduced
- Adopted
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jul 15Received.Introduced
Taxes & BudgetEmergency ManagementMental Health