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HI SB1092
Bill
AI Summary
S.B. 1092 - Repeal of Non-General Funds
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Repeals the pineapple workers and retirees housing assistance fund (§201H-85), which has had no balance or activity in recent years.
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Repeals the transportation use special fund (§261D-1) and related provisions, as it has been unused for many years and outlived its purpose.
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Renames and reclassifies the tourism emergency trust fund as a special fund to better reflect its actual function.
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Reclassifies three housing loan special funds (established under §201H-80) as revolving funds, and reclassifies the rental housing trust fund as a revolving fund.
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Repeals chapter 206E part IV (public facility revenue bond special fund), chapter 211G (capital formation revolving fund), §225M-6 and §225M-7 (statewide geospatial information special fund), and §516-44 (fee simple residential revolving fund), with unencumbered balances lapsing to the general fund on July 1, 2015.
Legislative Description
Department of Budget and Finance
Last Action
Became law without the Governor's signature, Act 237, 07/14/2015, (Gov. Msg. No. 1346).
7/15/2015