THE SENATE

S.B. NO.

1331

TWENTY-SIXTH LEGISLATURE, 2011

S.D. 1

STATE OF HAWAII

 

 

 

 

 

 

A BILL FOR AN ACT

 

 

RELATING TO THE UNIVERSITY OF HAWAII.

 

 

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

 

     SECTION 1.  Section 304A-2007, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows:

     "(b)  The report shall [also] include [all]:

     (1)  All expenditures in excess of each fund's appropriation for each fiscal year[.]; and

     (2)  For each fund, listed by program identification number, that has an unencumbered cash balance or cash deficit of $1,000,000 or more at the end of the previous fiscal year, where that balance or deficit is greater than twenty-five per cent of the previous fiscal year's expenditures, the estimated:

          (A)  Expenses for the next fiscal year;

         (B)  Revenues for the next fiscal year; and

         (C)  Unencumbered cash balance at the end of the current fiscal year."

     SECTION 2.  There is appropriated out of the general revenues of the State of Hawaii the sum of $           or so much thereof as may be necessary for fiscal year 2011-2012 to the University of Hawaii for the completion and implementation of the Kuali financial system.

     The sum appropriated shall be expended by the University of Hawaii for the purposes of this Act.

     SECTION 3.  Statutory material to be repealed is bracketed and stricken.  New statutory material is underscored.

     SECTION 4.  This Act shall take effect upon its approval; provided that section 2 shall take effect on July 1, 2011; and provided further that section 1 shall be repealed on June 30, 2016, and section 304A‑2007(b), Hawaii Revised Statutes, shall be reenacted in the form in which it read on the day before the approval of this Act.

 

 

Report Title:

University of Hawaii; Reporting Requirements; Appropriation

 

Description:

Amends section 304A-2007(b), HRS, to require additional reporting until 6/30/2016 by the University of Hawaii on special and revolving funds that carry an unencumbered cash balance of $1,000,000 or more or a cash deficit of $1,000,000 or more, at the end of the previous fiscal year, where that balance or deficit is greater than twenty-five per cent of the previous fiscal year's expenditures.  Makes an appropriation to the University of Hawaii to complete and implement the Kuali financial system.  (SD1)

 

 

 

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