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HOUSE OF REPRESENTATIVES |
H.B. NO. |
2428 |
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TWENTY-EIGHTH LEGISLATURE, 2016 |
H.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO THE UNIVERSITY OF HAWAII.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. The legislature finds that the prudent and transparent management of public funds appropriated by the legislature and expended by the University of Hawaii is a matter of statewide concern and, therefore, does not constitute an infringement of the exclusive jurisdiction of the board of regents of the University of Hawaii.
The purpose of this Act is to prohibit the transfer of moneys from University of Hawaii special and revolving funds, or general funds that were appropriated to the University of Hawaii for other purposes, in order to fund construction projects that are not explicitly authorized by the legislature.
SECTION 2. Chapter 304A, Hawaii Revised Statutes, is amended by adding a new section to part V, subpart A, to be appropriately designated and to read as follows:
"§304A- Special and revolving funds; general fund appropriations; unauthorized construction projects; prohibition. The University of Hawaii shall not transfer moneys from any special or revolving fund under its control, or from general funds appropriated for other purposes, to fund construction projects that are not explicitly authorized by the legislature."
SECTION 3. New statutory material is underscored.
SECTION 4. This Act shall take effect on July 1, 2525.
Report Title:
University of Hawaii; Special and Revolving Funds; General Fund Appropriations; Construction Projects
Description:
Prohibits the University of Hawaii from transferring moneys from its special and revolving funds, or general funds appropriated for other purposes, to fund construction projects that are not explicitly authorized by the Legislature. (HB2428 HD1)
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.