HI SB1317

Requires all state departments and agencies collecting receipts from public land trust dispositions to transfer 20% of those receipts quarterly to the Department of Hawaiian Home Lands or Office of Hawaiian Affairs, effective fiscal year 2021-2022.

Directs the Department of Budget and Finance to return to the Department of Hawaiian Home Lands moneys previously held in a carry-forward trust account that the Office of Hawaiian Affairs had transferred as claimed overpayments for fiscal years 2012-2013 through 2020-2021.

Establishes that claimed overpayments to the Office of Hawaiian Affairs for fiscal years 2021-2022 and 2022-2023 are not required to be returned to the State.

Creates a Public Land Trust Revenues Negotiating Committee consisting of legislative leaders, the governor, and Hawaiian trust representatives, exempted from open meetings requirements, to develop recommendations for resolving the amount of public land trust income owed annually; requires status report by 2022 and final recommendations by 2023.

Ensures any shortfalls in quarterly payments are transferred within 10 days of discovery and specifies that "receipt" excludes taxes, regulatory fees, educational tuition, federal funds, and other sovereign function revenues.