REPORT TITLE:
Revenue Estimate Reporting

DESCRIPTION:
Eliminates the Council on Revenues March 15 and September 10
revenue estimate reporting dates.  Changes the January reporting
date to Jaunary 20.


 
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                                                        2801
THE SENATE                              S.B. NO.           
TWENTIETH LEGISLATURE, 2000                                
STATE OF HAWAII                                            
                                                             
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                   A  BILL  FOR  AN  ACT

RELATING TO THE COUNCIL ON REVENUES REVENUE ESTIMATE REPORTING
   DATES.



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

 1      SECTION 1.  Section 37-111, Hawaii Revised Statutes, is
 
 2 amended by amending subsection (a) to read as follows:
 
 3      "§37-111  Council on revenues.(a)  There shall be a
 
 4 council on revenues which shall prepare revenue estimates of the
 
 5 state government for the fiscal year in progress and for each of
 
 6 the ensuing fiscal years of the six-year state program and
 
 7 financial plan.  The council shall report the estimates and
 
 8 revisions thereto to the governor and the legislature each June
 
 9 1[, September 10,] and January [10, and March 15] 20. The council
 
10 shall revise and update such estimates if it determines that such
 
11 revisions are necessary or upon request of the governor or the
 
12 legislature."
 
13      SECTION 2.  Statutory material to be repealed is bracketed.
 
14 New statutory material is underscored.
 
15      SECTION 3.  This Act shall take effect upon its approval.
 
16 
 
17                           INTRODUCED BY:_________________________
 

 
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