THE SENATE	S.B. NO.	2079
THIRTIETH LEGISLATURE, 2020		S.D. 1
STATE OF HAWAII

A BILL FOR AN ACT

RELATING TO THE OFFICE OF THE AUDITOR.

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

PART I

SECTION 1. Section 37-47, Hawaii Revised Statutes, is amended to read as follows:

"[[]§37-47[]] Reporting of non-general fund information. No later than twenty days prior to the convening of each regular session, each department shall submit to the legislature a report for each non-general fund account which shall include but not be limited to, the following:

(1) The name of the fund and a cite to the law authorizing the fund;

(2) The intended purpose of the fund;

(3) The current program activities which the fund supports;

(4) The balance of the fund at the beginning of the current fiscal year;

(5) The total amount of expenditures and other outlays from the fund account for the previous fiscal year;

(6) The total amount of revenue deposited to the account for the previous fiscal year;

(7) A detailed listing of all transfers from the fund;

(8) The amount of moneys encumbered in the account as of the beginning of the fiscal year;

(9) The amount of funds in the account which are required for the purposes of bond conveyance or other related bond obligations;

(10) The amount of moneys in the account derived from bond proceeds; [and]

(11) The amount of moneys of the fund held in certificates of deposit, escrow accounts or other investments[.]; and

(12) The status of implementing any recommendation made by the auditor per its most recent report on the department's non-general funds, and if no action has been taken, the detailed reasons why any recommendation has not been implemented."

PART II

SECTION 2. Section 23-12, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:

"(a) The office of the auditor shall report to the legislature, at each regular session, a review of special, revolving, and trust funds established to provide services rendered by any state department or establishment to other state departments or establishments or to any political subdivision of the State. The review shall include:

(1) An evaluation of the original intent and purpose of each fund, both as expressed by the legislature and as understood by the expending agency;

(2) The degree to which each fund achieves the stated and claimed purposes;

(3) An evaluation of performance standards established by the agency; [and]

(4) A summary statement reflecting total fund transactions in the preceding five fiscal years, including the fund balance at the beginning of each fiscal year, total deposits and withdrawals, amount of interest earned, total expenditures made from the fund, and the ending fund balance for each fiscal year[.]; and

(5) An update, where applicable, to any recommendation made in a report transmitted to the legislature pursuant to this subsection, within the past five years, that has not been implemented."

PART III

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.

Report Title:

Non-general Fund Accounts; Annual Reports; Office of the Auditor; Special, Revolving, and Trust Funds

Description:

Requires departments, in their annual reports to the legislature concerning their non-general fund accounts, to include the status of implementing any recommendations made by the auditor, and if no action has been taken, to detail the reasons why any recommendation has not been implemented. Requires the Office of the Auditor to include, in its annual report to the legislature on special, revolving, and trust funds, an update on fund recommendations made within the past five years that have not been implemented. (SD1)

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.