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HI SB814
Bill
Status
3/8/2011
Primary Sponsor
Brian Taniguchi
Click for details
AI Summary
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Establishes six new special funds for the University of Hawaii: child care programs, discoveries and inventions, alumni activities, intercollegiate athletics (at Manoa and Hilo), animal research farm at Waialee, and UH-Hilo theatre program
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Converts existing revolving funds into special funds by repealing seven separate fund statutes (sections 304A-2158, 2252, 2254, 2258, 2259, 2261, 2262, 2264, 2265, 2271, 2353, and 2354)
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Allows the child care programs special fund to receive fees, donations, and loan proceeds for operation and construction/renovation of child care centers
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Authorizes the discoveries and inventions special fund to receive indirect overhead from research, commercial exploitation of inventions, and grants to support technology transfer and economic development
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Transfers remaining fund balances as of June 30, 2011: housing assistance revolving fund to Manoa faculty housing program, conference center revolving fund to commercial enterprises revolving fund, and all other repealed fund balances to the general fund
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Takes effect July 1, 2030
Legislative Description
University of Hawaii; Special Funds
Last Action
(H) Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting no (0) and Belatti, Chang, Tokioka excused (3).
3/23/2011