Bill Text: HI SB215 | 2017 | Regular Session | Introduced
Bill Title: Relating To Education.
Spectrum: Partisan Bill (Democrat 4-0)
Status: (Engrossed - Dead) 2017-03-31 - The committee(s) on FIN recommend(s) that the measure be deferred. [SB215 Detail]
Download: Hawaii-2017-SB215-Introduced.html
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THE SENATE |
S.B. NO. |
215 |
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TWENTY-NINTH LEGISLATURE, 2017 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO EDUCATION.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. The purpose of this Act is to repeal section 302A-305, Hawaii Revised Statutes, relating to the education research and development revolving fund pursuant to the recommendation made by the auditor in auditor's report no. 16-11. The legislature finds that the fund does not meet the self-sustaining criteria for a revolving fund and should be repealed.
SECTION 2. Section 302A-305, Hawaii Revised Statutes, is repealed.
["[§302A-305] Education research
and development revolving fund. (a) There is established, within
the department of education, an education research and development revolving
fund into which shall be deposited all revenues from the commercial
exploitation of products and services developed by the department. The fund
shall be used to support research and development of innovative curriculum, instructional
aids, related technologies, and the related administrative costs of seeking and
maintaining such commercialization. Appropriations or authorizations from the
fund shall be expended by the superintendent.
(b) The department shall provide an annual
report to the governor and the legislature describing all transactions and
activities involved in the administration of the education research and
development revolving fund."]
SECTION 3. On July 1, 2017, all unencumbered balances remaining in the education research and development revolving fund repealed by section 2 of this Act shall lapse to the credit of the general fund.
SECTION 4. Statutory material to be repealed is bracketed and stricken.
SECTION 5. This Act shall take effect on July 1, 2017.
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INTRODUCED BY: |
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Report Title:
Education; Education Research and Development Revolving Fund
Description:
Repeals the Education Research and Development Revolving Fund and transfers the unencumbered balances to the general fund as recommended by the Auditor in Auditor's Report No. 16-11.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
