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HI SB1298
Bill
AI Summary
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Requires the Department of Budget and Finance to include projected operating costs for all capital improvements in state long-range plans, program and financial plans, and budget requests.
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Amends Hawaii Revised Statutes Section 37-67 to specify that the director of finance must ensure information about projected operating costs for capital improvements is available for policy decision-making.
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Modifies Section 37-69 to require capital improvement project details to include projected operating costs broken down by investment and operating cost elements.
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Requires the six-year program and financial plan to display full cost implications of recommended programs, including projected operating costs for capital improvements by cost categories.
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Takes effect July 1, 2030.
Legislative Description
Six-Year Program and Financial Plan; Operating Costs for Capital Improvements
Last Action
Received notice of discharge of conferees (Hse. Com. No. 41).
2/19/2014