HI SB2602

Amends Hawaii Revised Statutes Section 304A-2153 to redirect excess funds from the University of Hawaii Tuition and Fees Special Fund at the end of each fiscal year to the state general fund instead of the UH system-wide support program

Responds to anticipated reductions in federal funding and uncertainty regarding future federal grant programs, preparing the state to assume financial responsibility for critical programs currently relying on federal support

Cites Article X, Section 6 of the Hawaii State Constitution regarding statewide concern during periods of economic uncertainty as justification for maintaining funding flexibility

Takes effect upon approval by the Governor