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OF M,fY <br />COUNTY OF HAWAII STATE OF HAWAII <br />�rE OF•MF`� <br />BILL NO. 196 <br />ORDINANCE NO. <br />AN ORDINANCE AMENDING CHAPTER 2, ARTICLE 4, OF THE HAWAII COUNTY <br />CODE 1983 (2016 EDITION, AS AMENDED), BY ADDING A NEW SECTION <br />RELATING TO FISCAL IMPACT STATEMENTS. <br />BE IT ORDAINED BY THE COUNCIL OF THE COUNTY OF HAWAII: <br />SECTION 1. Chapter 2, article 4, of the Hawaii County Code 1983 (2016 Edition, as <br />amended), is amended by adding a new section to be appropriately designated and to read as <br />follows: <br />"Section 2- . Fiscal impact statements. <br />(a) "Fiscal impact statement" means a concise assessment of the immediate and <br />potential future effects a proposed ordinance may have on revenues, expenditures, <br />taxes, and fiscal liabilities. <br />(b) A fiscal impact statement for a proposed ordinance that affects the revenues, <br />expenditures, taxes, and fiscal liabilities of the County may be initiated by the <br />director of finance at any time, or upon a council member's written request <br />submitted to the director of finance no later than the date of the first reading of the <br />proposed ordinance. <br />(c) This section shall not apply to any proposed ordinance to amend the Hawaii <br />County Charter or to establish the operating budget or capital budget for the <br />following fiscal ear." <br />SECTION 2. New material is underscored. In printing this ordinance, the underscoring <br />need not be included. <br />SECTION 3. Severability. If any provision of this ordinance, or the application <br />thereof to any person or circumstance, is held invalid, the invalidity does not affect other <br />provisions or applications of the ordinance which can be given effect without the invalid <br />provision or application, and to this end the provisions of this ordinance are severable. <br />SECTION 4. This ordinance shall take effect sixty days after approval. <br />Hawai` i <br />Date of Introduction: <br />Date of 1 st Reading: <br />Date of 2nd Reading: <br />Effective Date: <br />INTRODUCED BY: <br />REFERENCE Comm. 1059 <br />