Bill Text: HI SB1328 | 2024 | Regular Session | Amended
Bill Title: Relating To The Public Utilities Commission Special Fund Carryover Balance.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2023-12-11 - Carried over to 2024 Regular Session. [SB1328 Detail]
Download: Hawaii-2024-SB1328-Amended.html
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THE SENATE |
S.B. NO. |
1328 |
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THIRTY-SECOND LEGISLATURE, 2023 |
S.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO THE PUBLIC UTILITIES COMMISSION SPECIAL FUND CARRYOVER BALANCE.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
"(d)
All moneys in excess of [$1,000,000] $
remaining on balance in the public utilities commission special fund on June 30
of each year shall lapse to the credit of the state general fund; provided that
this ceiling shall not apply to the subaccount established in subsections (e)
and (f)."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect on July 1, 2050.
Report Title:
Public Utilities Commission; Special Fund; Ceiling; General Fund; Chapter 269, Hawaii Revised Statutes
Description:
Increases the balance that may be retained in the Public Utilities Commission Special Fund at the end of each fiscal year to an unspecified amount. Effective 7/1/2050. (SD1)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
