Bill Text: HI SB282 | 2024 | Regular Session | Introduced
Bill Title: Relating To The Works Of Art Special Fund.
Spectrum: Moderate Partisan Bill (Democrat 6-1)
Status: (Introduced - Dead) 2023-12-11 - Carried over to 2024 Regular Session. [SB282 Detail]
Download: Hawaii-2024-SB282-Introduced.html
THE SENATE |
S.B. NO. |
282 |
THIRTY-SECOND LEGISLATURE, 2023 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to the works of art special fund.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 103-8.5, Hawaii Revised Statutes, is amended as follows:
1. By amending subsection (a) to read:
"(a) There is created a works of art special fund, into which shall be transferred one-half of one per cent of all state fund appropriations for capital improvements designated for the construction cost element; provided that this transfer shall apply only to capital improvement appropriations that are designated for the construction or renovation of state buildings. The one-half of one per cent transfer requirement shall not apply to appropriations from the passenger facility charge special fund established by section 261-5.5 and the rental motor vehicle customer facility charge special fund established under section 261-5.6."
2. By amending subsection (c) to read:
"(c) The one-half of one per cent amount, which is included in all capital improvement appropriations, shall be calculated at the time the appropriation bills are signed into law. The moneys shall be transferred into the works of art special fund upon availability of moneys from the appropriations. Each agency receiving capital improvement appropriations shall calculate the one-half of one per cent amount and transfer the moneys into the works of art special fund."
3. By amending subsections (e) and (f) to read:
"(e) The comptroller shall:
(1) Provide each agency receiving capital improvement appropriations with information regarding items that shall be included and excluded from the one-half of one per cent amount;
(2) Ensure that each agency calculates its one-half of one per cent amount correctly; and
(3) Ensure that each agency transfers the correct amount to the works of art special fund in a timely manner.
(f) The comptroller and the executive director shall track amounts due from each agency under the one-half of one per cent requirement as provided in this section."
SECTION 2. New statutory material is underscored.
SECTION 3. This Act shall take effect on July 1, 2023.
INTRODUCED BY: |
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Report Title:
Works of Art Special Fund; Percentage of Capital Improvement Projects; Reduced
Description:
Reduces the amount transferred to the works of art special fund from 1% to 0.5% of all state fund appropriations for capital improvements designated for the construction cost element.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.