REPORT TITLE:
State Finances; HSDC Fund


DESCRIPTION:
Authorizes and appropriates from the retained earnings in the
Hawaii strategic development corporation revolving fund, the sum
of $1 to be deposited into the general fund.  (HB2434 HD1)

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                        2434
HOUSE OF REPRESENTATIVES                H.B. NO.           H.D. 1
TWENTIETH LEGISLATURE, 2000                                
STATE OF HAWAII                                            
                                                             
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                   A  BILL  FOR  AN  ACT

RELATING TO STATE FINANCES.



BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 1      SECTION 1.  The legislature determines that there is in the
 
 2 Hawaii strategic development corporation revolving fund at least
 
 3 $1 in excess of the requirements of the fund.  There is hereby
 
 4 authorized and appropriated from the retained earnings in the
 
 5 Hawaii strategic development corporation revolving fund created
 
 6 by section 211F-5, Hawaii Revised Statutes, the sum of $1 for
 
 7 fiscal year 2000-2001 to be deposited into the general fund.
 
 8      SECTION 2.  This Act shall take effect on July 1, 2000.