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HI HB2293

Bill

Status

Engrossed

3/2/2010

Primary Sponsor

Mark Takai

Click for details

Origin

House of Representatives

2010 Regular Session

AI Summary

  • Establishes the Department of Agriculture Staffing Special Fund to pay salary, fringe benefits, and operating costs of department positions previously funded from the general fund or Agricultural Loan Reserve Fund as of June 30, 2009

  • Requires interest and fees collected under the DOA agricultural loan program to be deposited into the Special Fund

  • Directs the lesser of 50 percent or $1,000,000 of principal payments received under the agricultural loan program to be deposited into the Special Fund, provided a reserve is maintained to guarantee loan payments

  • Repeals DOA's authority to transfer moneys between the Agricultural Loan Revolving Fund and the Aquaculture Loan Revolving Fund

  • Requires DOA to submit a report to the 2012 Legislature detailing deposits, expenditures, projections through June 30, 2012, and recommendations on whether to repeal these provisions before June 30, 2015

Legislative Description

Department of Agricultural Staffing Special Fund; Creation

Last Action

(S) Referred to WTL, WAM.

3/3/2010

Committee Referrals

Water & Land3/3/2010
Finance2/12/2010
Agriculture1/22/2010

Full Bill Text

No bill text available