Bill Text: HI SB120 | 2023 | Regular Session | Introduced
Bill Title: Relating To The University Of Hawaii.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2023-01-20 - Referred to HRE, WAM. [SB120 Detail]
Download: Hawaii-2023-SB120-Introduced.html
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THE SENATE |
S.B. NO. |
120 |
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THIRTY-SECOND LEGISLATURE, 2023 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
Relating to the university of Hawaii.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 304A-2153, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows:
"(b) Any law to the contrary notwithstanding, the
board of regents may authorize expenditures [of up to $3,000,000 annually,
excluding in-kind services,] from this fund for the purposes of promoting
alumni relations and generating private donations for deposit into the
University of Hawaii Foundation for the purposes of the university. Any expenditure authorized pursuant to this
subsection shall be for a public purpose and shall not be subject to chapters 42F,
103, 103D, and 103F. The university
shall submit a comprehensive report to the legislature detailing the use of any
funds authorized by the board under this subsection no later than twenty days
prior to the convening of each regular session.
The report shall:
(1) Identify each department of the University of Hawaii Foundation supported by moneys from the fund;
(2) Describe the purposes and activities of each department identified in paragraph (1) and how it participates in fundraising activities and benefits the university;
(3) Provide the total expenditures of each department identified in paragraph (1) by primary expense categories;
(4) Identify all moneys from the fund transferred to any fund of the university and provide a justification of how these moneys are used to benefit the university;
(5) Provide a financial summary of the operating activities of the University of Hawaii Foundation, including revenues and expenditures by major reporting categories; and
(6) Identify amounts and purposes of all expenditures from the University of Hawaii support fund."
SECTION 2. Statutory material to be repealed is bracketed and stricken.
SECTION 3. This Act shall take effect upon its approval.
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INTRODUCED BY: |
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Report Title:
University of Hawaii Tuition and Fees Special Fund; University of Hawaii Foundation
Description:
Removes the $3 million cap on the amount the University of Hawaii System can expend from the University of Hawaii Tuition and Fees Special Fund for the University of Hawaii Foundation.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
