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HOUSE OF REPRESENTATIVES |
H.B. NO. |
2304 |
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TWENTY-NINTH LEGISLATURE, 2018 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO AGRICULTURE.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. The legislature finds that the department of agriculture hemp pilot program has been progressing and going through the rule making development stages. In order to prepare the hemp pilot program for implementation, a few amendments must be made to address the program's commencement.
The purpose of this Act is to create a special fund into which fees may be deposited.
SECTION 2. Chapter 141, Hawaii Revised Statutes, is amended by adding to part II a new section to be appropriately designated and to read as follows:
"§141- Industrial hemp special fund; established. (a) There is created in the state treasury a special fund to be designated as the industrial hemp special fund to be administered by the department of agriculture. Moneys deposited in this special fund shall be used to fulfill the purposes of this part and shall include:
(1) Any moneys
appropriated by the legislature to the special fund;
(2) Any fees
collected by the department of agriculture in relation to the industrial hemp
pilot program;
(3) The interest or
return on investments earned from moneys in the special fund.
(b) The department of agriculture may use the
moneys in the special fund to carry out the purposes of this part, including
hiring employees, specialists, and consultants necessary to complete projects
related to the purposes of this chapter.
(c) Moneys deposited into or appropriated to the
special fund shall remain available until they are obligated or until the
special fund is terminated.
(d) If the special fund is terminated, all funds
shall be transferred to the general fund; provided that all unexpended or
unencumbered balances shall be disbursed in accordance with any requirements
set by funding sources and for purposes consistent with this chapter."
SECTION 3. New statutory material is underscored.
SECTION 4. This Act shall take effect upon its approval.
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INTRODUCED BY: |
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BY REQUEST |
Report Title:
Industrial Hemp Program; Hemp Special Fund
Description:
Establish a special fund within the Department of Agriculture to deposit fees and expend funds necessary for the industrial hemp pilot program.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.