Bill Text: HI SB1433 | 2011 | Regular Session | Introduced
Bill Title: UH Tuition and Fees Special Fund; Expenditure Ceiling
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2011-01-26 - (S) Referred to EDU, WAM. [SB1433 Detail]
Download: Hawaii-2011-SB1433-Introduced.html
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THE SENATE |
S.B. NO. |
1433 |
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TWENTY-SIXTH LEGISLATURE, 2011 |
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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]
$5,000,000 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 Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect on July 1, 2011.
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INTRODUCED BY: |
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Report Title:
UH Tuition and Fees Special Fund; Expenditure Ceiling
Description:
Increases to $5,000,000 the cap on the amount of expenditures that the UH Board of Regents can authorize from the UH Tuition and Fees Special Fund for the promotion of alumni relations and generation of private donations for deposit into 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.
