Report Title:

State funds; Disclosure

Description:

Amends threshold reporting amounts for online disclosure of entities and organizations receiving state funds.

THE SENATE	S.B. NO.	2280
TWENTY-FOURTH LEGISLATURE, 2008
STATE OF HAWAII

A BILL FOR AN ACT

relating to state funds.

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

     SECTION 1.  Section 36-2.5, Hawaii Revised Statutes, is amended by amending the definition of "State award" to read as follows:

     ""State award" means state financial assistance and expenditures that:

     (1)  Are grants, subgrants, loans, awards, cooperative agreements, other forms of financial assistance, contracts, subcontracts, purchase orders, task orders, and delivery orders;

     (2)  Do not include single transactions less than $25,000[;] for the fiscal year 2008, single transactions less than $15,000 for the fiscal year 2009, single transactions less than $5,000 for the fiscal year 2010, single transactions less than $1,000 for the fiscal year 2011 and each fiscal year thereafter; and

     (3)  Before October 1, 2009, do not include credit card transactions."

     SECTION 2.  Statutory material to be repealed is bracketed and stricken.  New statutory material is underscored.

     SECTION 3.  This Act shall take effect on July 1, 2008.

INTRODUCED BY:

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