SB 2263 Summary

• Amends Hawaii Revised Statutes Section 302A-420 to expand school profit-making operations to include agricultural, industrial, and commercial enterprises.

• Permits net profits from these school operations to be used for purchasing equipment and materials for student benefit, or distributed among students engaged in the activities.

• Allows students engaged in profit-making operations to receive either monetary compensation or school credit for their participation.

• Requires the Department of Education to maintain accounting records showing the source and distribution of money from these operations, with quarterly audits.

• Takes effect upon approval.