THE SENATE	S.B. NO.	100
TWENTY-EIGHTH LEGISLATURE, 2015
STATE OF HAWAII

A BILL FOR AN ACT

Relating to appropriations.

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

     SECTION 1.  The purpose of this Act is to correct a statement in part VI of Act 134, Session Laws of Hawaii 2014, relating to the appropriation for the joint investment study of the employees' retirement system and Hawaii employer-union health benefits trust fund.

     SECTION 2.  Act 134, Session Laws of Hawaii 2014, is amended by amending section 10 to read as follows:

     "SECTION 10.  The purpose of this part is to [repeal] reduce the appropriation in Act 268, Session Laws of Hawaii 2013, for a study on joint investment information and service sharing by the employees' retirement system and Hawaii employer-union health benefits trust fund for fiscal year 2013-2014.

     The legislature finds that the department of budget and finance may not be able to expend the appropriation for fiscal year 2013-2014.  This part does not repeal the appropriation for the study for fiscal year 2014-2015."

     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  Statutory material to be repealed is bracketed and stricken.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.

INTRODUCED BY:

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Report Title:

Employees' Retirement System, Hawaii Employer-Union Health Benefits Trust Fund Joint Investment Study; 2014 Appropriation.

Description:

Corrects a statement in the 2014 Act that reduced the appropriation for the joint investment study of the employees' retirement system and Hawaii employer-union health benefits trust fund.

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