HI SB648

Terminates the travel agency recovery fund, travel agency education fund, and patients' compensation fund effective July 1, 2011, as their statutory purposes have been repealed and funds are no longer functional.

Transfers all remaining moneys from the three terminated funds to the State's general fund as of June 30, 2011, making funds accessible for general state use.

Removes the travel agency recovery fund from the list of exceptions in Hawaii Revised Statutes Section 28-8.3, which allows certain entities to retain private attorneys; renumbers remaining exceptions accordingly.

Rationale: Legislature finds these funds have outlived their usefulness since their enabling statutes have long been repealed, and the residual amounts will serve the State more effectively in the general fund.