Report Title:

State Funds; Deposit of State Funds in Treasury

Description:

Makes technical amendments to the state budget law relating to the deposit of state funds into the state treasury.

HOUSE OF REPRESENTATIVES	H.B. NO.	46
TWENTY-FIFTH LEGISLATURE, 2009
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 37-54, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows:

     "(b)  For purposes of this section, "state funds" mean moneys that have come into the possession of a state officer or employee who has the responsibility on behalf of the State for the initial custody, accountability, and disposition of the moneys."

     SECTION 2.  New statutory material is underscored.

     SECTION 3.  This Act shall take effect upon its approval.

INTRODUCED BY:

_____________________________