HI SB1331

Amends Section 304A-2007, Hawaii Revised Statutes, to modify University of Hawaii reporting requirements for special and revolving funds.

Requires reporting of all expenditures exceeding each fund's appropriation for each fiscal year.

Mandates additional reporting for any fund with an unencumbered cash balance or cash deficit of $1,000,000 or more at the end of the previous fiscal year, where that amount exceeds 25 percent of prior year expenditures.

Requires estimated expenses, revenues, and projected unencumbered cash balance or deficit for the current fiscal year for affected funds, listed by program identification number.

Sunsets on June 30, 2016, with the prior statutory language automatically reinstated.