Bill Text: HI SB160 | 2012 | Regular Session | Introduced
Bill Title: Special Funds
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2011-12-01 - Carried over to 2012 Regular Session. [SB160 Detail]
Download: Hawaii-2012-SB160-Introduced.html
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THE SENATE |
S.B. NO. |
160 |
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TWENTY-SIXTH LEGISLATURE, 2011 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to special funds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 37-52.3, Hawaii Revised Statutes, is amended to read as follows:
"[[]§37-52.3[]
Criteria for the] Special fund; establishment and continuance [of
special funds]. Special funds shall only be established pursuant to an
[act] Act of the legislature. The legislature, in establishing
or reviewing a special fund to determine whether it should be continued, shall
ensure that the special fund:
(1) Serves the purpose for which it was originally established;
(2) Reflects a clear nexus between the benefits
sought and charges made upon the users or beneficiaries of the program[,]
or activity that is funded by the special fund, as opposed to serving
primarily as a means to provide the program or users with an automatic means of
support that is [removed from the normal] not part of the budget
and appropriation process;
(3) Provides an appropriate means of financing for the program or activity; and
(4) Demonstrates the capacity to be financially self-sustaining."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect upon its approval.
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INTRODUCED BY: |
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Report Title:
Special Funds
Description:
Clarifies the law with respect to the establishment and continuance of special funds.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
