Bill Text: HI SB137 | 2016 | Regular Session | Introduced
Bill Title: Claims Against the State; Risk Management Fund Cap; Inflation Adjustment
Spectrum: Partisan Bill (Democrat 4-0)
Status: (Introduced - Dead) 2015-12-17 - Carried over to 2016 Regular Session. [SB137 Detail]
Download: Hawaii-2016-SB137-Introduced.html
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THE SENATE |
S.B. NO. |
137 |
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TWENTY-EIGHTH LEGISLATURE, 2015 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
Relating to claims against the state.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 41D-4, Hawaii Revised Statutes, is amended by amending subsection (f) to read as follows:
"(f) The comptroller shall prepare, for each fiscal year, a report of all claims arbitrated, compromised, or settled for $10,000, or the amount as adjusted pursuant to section 662-11(c), or less paid from the state risk management revolving fund. The report shall be submitted to the legislature twenty days prior to the commencement of the regular session next succeeding the year for which the report is made."
SECTION 2. Section 662-11, Hawaii Revised Statutes, is amended to read as follows:
"§662-11 Compromise. (a) The attorney general may arbitrate, compromise, or settle any claim cognizable under this chapter.
(b) Claims arbitrated, compromised, or settled by the attorney general for $10,000, or the amount as adjusted pursuant to subsection (c), or less shall be paid from the state risk management revolving fund. Claims arbitrated, compromised, or settled by the attorney general for more than $10,000 shall be paid only after funds are appropriated by the legislature for the payment of those claims.
(c) Beginning on July 1, 2015, and no later than July 1 in each year thereafter, the comptroller shall adjust for inflation the threshold amount for claims arbitrated, compromised, or settled by the attorney general that may be paid from the state risk management revolving fund pursuant to subsection (b). The comptroller shall use $10,000 as the base figure for the first year, apply the United States Department of Labor Consumer Price Index for All Urban Consumers for the previous year to determine the new base figure, and use the resulting figure as the new base figure each year thereafter. The comptroller shall publish on the department of accounting and general services' website the adjusted amount and shall notify the legislature and the attorney general of the adjusted amount."
SECTION 3. This Act does not affect rights and duties that matured, penalties that were incurred, and proceedings that were begun before its effective date.
SECTION 4. New statutory material is underscored.
SECTION 5. This Act shall take effect on July 1, 2015.
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INTRODUCED BY: |
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Report Title:
Claims Against the State; Risk Management Fund Cap; Inflation Adjustment
Description:
Requires the comptroller, as of July 1, 2015, to annually adjust for inflation the cap amount for settlements for claims against the State that shall be paid from the State risk management revolving fund then report and publish the cap amount.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
