Report Title:

Insurance; Loss Mitigation Grant Program

Description:

Appropriates $1,000,000 for the loss mitigation grant program.

THE SENATE

S.B. NO.

2067

TWENTY-THIRD LEGISLATURE, 2006

 

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

relating to insurance.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. There is appropriated out of the general revenues of the State of Hawaii the sum of $1,000,000, or so much thereof as may be necessary for fiscal year 2006-2007, for the loss mitigation grant program established under chapter 431, article 22, Hawaii Revised Statutes.

SECTION 2. The sum appropriated shall be expended by the insurance commissioner for the purposes of this Act.

SECTION 3. This Act shall take effect on July 1, 2006.

INTRODUCED BY:

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