Bill Text: HI SB1331 | 2011 | Regular Session | Amended
Bill Title: University of Hawaii; Reporting Requirements
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2011-06-14 - (H) Act 092, on 6/9/2011 (Gov. Msg. No. 1195). [SB1331 Detail]
Download: Hawaii-2011-SB1331-Amended.html
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THE SENATE |
S.B. NO. |
1331 |
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TWENTY-SIXTH LEGISLATURE, 2011 |
S.D. 2 |
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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-2007, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows:
"(b) The report shall [also]
include [all]:
(1) All expenditures in excess of each
fund's appropriation for each fiscal year[.]; and
(2) For each fund, listed by program identification number, that has an unencumbered cash balance of $ or more or a cash deficit of $ or more at the end of the previous fiscal year, where that balance or deficit is greater than per cent of the previous fiscal year's expenditures, the estimated:
(A) Expenses for the next fiscal year;
(B) Revenues for the next fiscal year; and
(C) Unencumbered cash balance at the end of the current fiscal year."
SECTION 2. There is appropriated out of the general revenues of the State of Hawaii the sum of $ or so much thereof as may be necessary for fiscal year 2011-2012 to the University of Hawaii for the completion and implementation of the Kuali financial system.
The sum appropriated shall be expended by the University of Hawaii for the purposes of this Act.
SECTION 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 4. This Act shall take effect on July 1, 2050; provided that section 2 shall take effect on July 1, 2011; and provided further that section 1 shall be repealed on June 30, 2016, and section 304A‑2007(b), Hawaii Revised Statutes, shall be reenacted in the form in which it read on the day before the approval of this Act.
Report Title:
University of Hawaii; Reporting Requirements; Appropriation
Description:
Temporarily requires additional reporting by the University of Hawaii on special and revolving funds that carry an unencumbered cash balance of $ or more or a cash deficit of $ or more, at the end of the previous fiscal year, where that balance or deficit is greater than per cent of the previous fiscal year's expenditures. Makes an appropriation to the University of Hawaii to complete and implement the Kuali financial system. Effective 7/1/2050. (SD2)
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
