Transfers the excess balances in eleven special and revolving funds to the state general fund. (SD1)

A BILL FOR AN ACT

SECTION 1. The legislature determines that there is in the cigarette tax stamp enforcement special fund at least $600,000 in excess of the requirements of the fund. On July 1, 2003, the director of finance is authorized to transfer from the cigarette tax stamp enforcement special fund to the general fund the sum of $600,000 or so much thereof as may be necessary for fiscal year 2003-2004.

SECTION 2. The legislature determines that there is in the medicaid investigations recovery fund at least $400,000 in excess of the requirements of the fund. On July 1, 2003, the director of finance is authorized to transfer from the medicaid investigations recovery fund to the general fund the sum of $400,000 or so much thereof as may be necessary for fiscal year 2003-2004.

SECTION 3. The legislature determines that there is in the litigation settlement clearance account at least $2,500,000 in excess of the requirements of the fund. On July 1, 2003, the director of finance is authorized to transfer from the litigation settlement clearance account to the general fund the sum of $2,500,000 or so much thereof as may be necessary for fiscal year 2003-2004.

SECTION 4. The legislature determines that there is in the Aloha Tower fund at least $1,600,000 in excess of the requirements of the fund. On July 1, 2003, the director of finance is authorized to transfer from the Aloha Tower fund to the general fund the sum of $1,600,000 or so much thereof as may be necessary for fiscal year 2003-2004.

SECTION 5. The legislature determines that there is in the dwelling unit revolving fund at least $5,000,000 in excess of the requirements of the fund. On July 1, 2003, the director of finance is authorized to transfer from the dwelling unit revolving fund to the general fund the sum of $5,000,000 or so much thereof as may be necessary for fiscal year 2003-2004.

SECTION 6. The legislature determines that there is in the teachers' housing revolving fund at least $400,000 in excess of the requirements of the fund. On July 1, 2003, the director of finance is authorized to transfer from the teachers' housing revolving fund to the general fund the sum of $400,000 or so much thereof as may be necessary for fiscal year 2003-2004.

SECTION 7. The legislature determines that there is in the housing finance revolving fund at least $3,000,000 in excess of the requirements of the fund. On July 1, 2003, the director of finance is authorized to transfer from the housing finance revolving fund to the general fund the sum of $3,000,000 or so much thereof as may be necessary for fiscal year 2003-2004.

SECTION 8. The legislature determines that there is in the compliance resolution fund at least $7,700,000 in excess of the requirements of the fund. On July 1, 2003, the director of finance is authorized to transfer from the compliance resolution fund to the general fund the sum of $7,700,000 or so much thereof as may be necessary for fiscal year 2003-2004.

SECTION 9. The legislature determines that there is in the noise, radiation and indoor air quality special fund at least $100,000 in excess of the requirements of the fund. On July 1, 2003, the director of finance is authorized to transfer from the noise, radiation and indoor air quality special fund to the general fund the sum of $100,000 or so much thereof as may be necessary for fiscal year 2003-2004.

SECTION 10. The legislature determines that there is in the spouse and child abuse special fund at least $400,000 in excess of the requirements of the fund. On July 1, 2003, the director of finance is authorized to transfer from the spouse and child abuse special fund to the general fund the sum of $400,000 or so much thereof as may be necessary for fiscal year 2003-2004.

SECTION 11. The legislature determines that there is in the bureau of conveyances special fund at least $2,000,000 in excess of the requirements of the fund. On July 1, 2003, the director of finance is authorized to transfer from the bureau of conveyances special fund to the general fund the sum of $2,000,000 or so much thereof as may be necessary for fiscal year 2003-2004.

SECTION 12. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.

SECTION 13. This Act shall take effect on July 1, 2003.