Bill Text: HI SB2079 | 2020 | Regular Session | Amended
Bill Title: Relating To The Office Of The Auditor.
Spectrum: Partisan Bill (Democrat 6-0)
Status: (Engrossed - Dead) 2020-03-16 - This measure has been deleted from the meeting scheduled on Tuesday 03-17-20 9:30AM in conference room 309. [SB2079 Detail]
Download: Hawaii-2020-SB2079-Amended.html
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THE SENATE |
S.B. NO. |
2079 |
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THIRTIETH LEGISLATURE, 2020 |
S.D. 2 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO THE OFFICE OF THE AUDITOR.
BE IT
ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
PART I
SECTION 1. Section 37-47, Hawaii Revised Statutes, is amended to read as follows:
"[[]§37-47[]] Reporting of non-general fund information. (a) No later than twenty days prior to the
convening of each regular session, each department shall submit to the
legislature and the auditor a report for each non-general fund account,
which shall include but not be limited to[,] the following:
(1) The
name of the fund and a cite to the law authorizing the fund;
(2) The
intended purpose of the fund;
(3) The
current program activities [which] that the fund supports;
(4) The
balance of the fund at the beginning of the current fiscal year;
(5) The
total amount of expenditures and other outlays from the fund account for the
previous fiscal year;
(6) The
total amount of revenue deposited to the account for the previous fiscal year;
(7) A
detailed listing of all transfers from the fund;
(8) The
amount of moneys encumbered in the account as of the beginning of the fiscal
year;
(9) The
amount of funds in the account [which] that are required for the
purposes of bond conveyance or other related bond obligations;
(10) The
amount of moneys in the account derived from bond proceeds; [and]
(11) The
amount of moneys of the fund held in certificates of deposit, escrow accounts,
or other investments[.]; and
(12) The status of implementing
recommendations made by the auditor in its most recent report on the department's
non-general funds pursuant to section 23-12, and if no action has been taken, detailed
reasons for not taking action.
(b) The auditor, no later than each year, shall submit to the legislature a compilation report that includes each report submitted by a department pursuant to subsection (a), and an assessment by the auditor's office as to the validity of the information provided in each department report submitted."
PART II
SECTION 2. Section 23-12, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
"(a) The office of the auditor shall report to the legislature, at each regular session, a review of special, revolving, and trust funds established to provide services rendered by any state department or establishment to other state departments or establishments or to any political subdivision of the State. The review shall include:
(1) An evaluation of the original intent and purpose of each fund, both as expressed by the legislature and as understood by the expending agency;
(2) The degree to
which each fund achieves the stated and claimed purposes;
(3) An evaluation of
performance standards established by the agency; [and]
(4) A summary
statement reflecting total fund transactions in the preceding five fiscal
years, including the fund balance at the beginning of each fiscal year, total
deposits and withdrawals, amount of interest earned, total expenditures made
from the fund, and the ending fund balance for each fiscal year[.]; and
(5) An update, where
applicable, to any recommendation made in a report, transmitted to the legislature
within the past five years pursuant to this subsection, that has not been implemented."
PART III
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.
Report Title:
Non-general Fund Accounts; Annual Reports; Auditor; Special, Revolving, and Trust Funds
Description:
Requires departments to submit their annual reports concerning their non-general fund accounts to the Auditor in addition to the Legislature. Requires departments to include the status of implementing any recommendations made by the Auditor, and if no action has been taken, to detail the reasons why any recommendation has not been implemented in their annual reports submitted regarding their non-general fund accounts. Requires the Auditor to submit an annual compilation report for annual non-general fund account reports. Requires the Auditor to include, in its annual report to the Legislature on special, revolving, and trust funds, an update on fund recommendations made within the past 5 years that have not been implemented. 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.
