Bill Text: HI SB2551 | 2016 | Regular Session | Introduced
Bill Title: Judiciary; Non-general Funds; Administratively Created Accounts or Funds; Report
Spectrum: Partisan Bill (Democrat 11-0)
Status: (Passed) 2016-06-30 - Act 166, 06/29/2016 (Gov. Msg. No. 1268). [SB2551 Detail]
Download: Hawaii-2016-SB2551-Introduced.html
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THE SENATE |
S.B. NO. |
2551 |
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TWENTY-EIGHTH LEGISLATURE, 2016 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to non-general funds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. The purpose of this Act is to address non-general funds managed by the judiciary.
More specifically, this Act requires the judiciary to submit annual reports to the legislature on the judiciary's management of non-general funds. This Act imposes the same requirement on the judiciary as that established for executive branch departments pursuant to section 37-47, Hawaii Revised Statutes. The auditor's report no. 15-16, "Review of Special Funds, Revolving Funds, Trust Funds, and Trust Accounts of the Judiciary", indicates that section 37-47, Hawaii Revised Statutes, does not apply to the judiciary.
The legislature finds that the judiciary should be required to submit information on all non-general funds managed by the judiciary. The information is necessary for the legislature to be aware of the total fiscal situation of the State in order to make sound budgetary decisions.
SECTION 2. Chapter 601, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:
"§601- Reporting of non-general fund information. No later than twenty days prior to the convening of each regular session, the judiciary shall submit to the legislature 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 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 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."
SECTION 3. New statutory material is underscored.
SECTION 4. This Act shall take effect on July 1, 2016.
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INTRODUCED BY: |
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Report Title:
Judiciary; Non-General Funds; Report
Description:
Requires the judiciary to submit an annual report to the legislature on the judiciary's management of non-general funds.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
