Bill Text: HI HB80 | 2015 | Regular Session | Introduced
Bill Title: Non-General Funds; Attorney General; Antitrust Trust Fund; Hawaii Criminal Justice Commission Trust Account ($)
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2015-01-26 - Referred to FIN, referral sheet 1 [HB80 Detail]
Download: Hawaii-2015-HB80-Introduced.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
80 |
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TWENTY-EIGHTH LEGISLATURE, 2015 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to non-general funds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
PART I
SECTION 1. The purpose of this Act is to implement recommendations of the auditor in report no. 14-13, entitled review of special funds, revolving funds, trust funds and trust accounts of the departments of the attorney general and business, economic development and tourism.
PART II
SECTION 2. The purpose of this part is to reclassify the antitrust trust fund as a special fund.
The legislature finds that while the fund continues to serve the purpose for which it was created, it operates more like a special fund and should be reclassified as a special fund.
SECTION 3. Section 28-13, Hawaii Revised Statutes, is amended by amending the title and subsections (a) to (c) to read as follows:
"[[]§28-13[]] Antitrust [trust]
special fund. (a) There is established in the state treasury the
antitrust [trust] special fund, into which shall be deposited:
(1) Ten per cent of any antitrust judgment or settlement received by the State except where the deposit is inconsistent with the court order or settlement agreement relating to the amount; and
(2) Appropriations made by the legislature.
(b) The antitrust [trust] special
fund shall be administered by the department of the attorney general and shall
be used for expenditures relating to the enforcement of antitrust laws,
including [but not limited to] expenditures for training, equipment
purchases, educational resources, and facilitating participation in antitrust
lawsuits and investigations initiated by other states.
(c) All unencumbered and unexpended moneys in
excess of $250,000 remaining on balance in the antitrust [trust] special
fund at the close of June 30 of each year shall lapse to the credit of the
general fund."
PART III
SECTION 4. The purpose of this part is to abolish the Hawaii criminal justice commission trust account.
The legislature finds that the trust account does not serve the purpose for which it was created and should be closed.
SECTION 5. The Hawaii criminal justice commission trust account established in 1985 and administered by the department of the attorney general is abolished and any remaining unencumbered balances shall be transferred to the general fund.
PART IV
SECTION 6. The balance in the fund renamed and reclassified pursuant to section 3 of this Act shall remain in the fund as if no renaming and reclassification had occurred.
PART V
SECTION 7. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 8. This Act shall take effect on July 1, 2015.
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INTRODUCED BY: |
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Report Title:
Non-General Funds; Attorney General; Antitrust Trust Fund; Hawaii Criminal Justice Commission Trust Account
Description:
Reclassifies the antitrust trust fund as a special fund and repeals the Hawaii criminal justice commission trust account.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
