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HI SB1092

Bill

Status

Passed

7/15/2015

Primary Sponsor

Donna Kim

Click for details

Origin

Senate

2015 Regular Session

AI Summary

S.B. 1092 - Repeal of Non-General Funds

  • Repeals the pineapple workers and retirees housing assistance fund (§201H-85), which has had no balance or activity in recent years.

  • Repeals the transportation use special fund (§261D-1) and related provisions, as it has been unused for many years and outlived its purpose.

  • Renames and reclassifies the tourism emergency trust fund as a special fund to better reflect its actual function.

  • Reclassifies three housing loan special funds (established under §201H-80) as revolving funds, and reclassifies the rental housing trust fund as a revolving fund.

  • 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

Committee Referrals

Finance3/12/2015
Ways and Means1/28/2015

Full Bill Text

No bill text available