Hawaii Senate Bill SB1033

Hawaii 2022 Regular Session

• Introduced: 1/27/21
• Refer: 1/29/21
• Report Pass: 2/18/21
• Refer: 2/18/21
• Report Pass: 3/5/21
• Engrossed: 3/9/21
• Refer: 3/11/21

Caption

Relating To Making An Emergency Appropriation To The Stadium Authority.

Impact

If passed, SB1033 would directly impact the operational funding of the Aloha Stadium, which has been severely impacted by the pandemic's restrictions on public gatherings. The emergency funds are intended to cover payroll and essential maintenance expenses, thereby ensuring the safety and readiness of the venue for future events. Additionally, this appropriation is seen as essential for preserving jobs associated with the stadium operations during this critical period of financial uncertainty.

Summary

Senate Bill 1033 proposes an emergency appropriation of $1,500,000 to the Stadium Authority in Hawaii to maintain operations of the Aloha Stadium. The bill addresses the financial challenges faced by the stadium due to the COVID-19 pandemic, which resulted in the closure of public gathering places, leading to a significant drop in revenue. The allocation aims to provide sufficient funds to maintain the facility through the end of the fiscal year 2020-2021 and to ensure its operational readiness for the following fiscal year.

Sentiment

The general sentiment surrounding SB1033 appears to be supportive among lawmakers who recognize the need for immediate financial assistance to public facilities adversely affected by the pandemic. The urgency expressed in the bill’s recommendations reflects a collective understanding of the role such venues play in the state's social and economic landscape. However, there may be underlying concerns regarding budgetary allocations and prioritization in other areas of state funding.

Contention

While the bill seeks to address an immediate financial crisis, some may view the reliance on emergency appropriations as indicative of broader systemic issues in managing the state's revenues and expenditures. Debate around such financial measures often includes discussions about the long-term sustainability of funding public entities like the Stadium Authority, especially in light of past revenue shortfalls. Thus, while immediate support is crucial, it also raises critical questions about future management and funding strategies in the face of ongoing economic challenges.