HOUSE OF REPRESENTATIVES |
H.B. NO. |
982 |
THIRTY-SECOND LEGISLATURE, 2023 |
H.D. 1 |
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STATE OF HAWAII |
S.D. 2 |
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C.D. 1 |
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A BILL FOR AN ACT
RELATING TO FUNDING FOR THE DEPARTMENT OF THE ATTORNEY GENERAL TOBACCO ENFORCEMENT UNIT.
BE IT ENACTED
BY THE LEGISLATURE OF THE STATE OF HAWAII:
The legislature further finds that to maintain the tobacco enforcement unit's diligent enforcement efforts and to minimize the risk of losing the master settlement agreement annual payments, it is critical that the unit receive adequate and continuous funding.
(1) The amount of funds that the tobacco enforcement special fund can carry over at the end of each fiscal year; and
(2) The sum of moneys received from the tobacco master settlement agreement that are deposited to the credit of the tobacco enforcement special fund.
SECTION 2. Section 28-15, Hawaii Revised Statutes, is amended by amending subsection (c) to read as follows:
"(c) All unencumbered and unexpended moneys in
excess of [$500,000] $750,000 remaining on balance in the tobacco
enforcement special fund at the close of June 30 of each year shall lapse to
the credit of the state general fund."
SECTION 3. Section 328L-2, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
"(a) There is established in the state treasury the Hawaii tobacco settlement special fund into which shall be deposited:
(1) All tobacco settlement moneys; and
(2) All interest and earnings accruing from the investment of moneys in the fund;
provided
that of all tobacco settlement moneys received by the State each fiscal year,
the sum representing the first [$350,000]
$750,000 of those moneys shall first be deposited in the state
treasury in each fiscal year to the credit of the tobacco enforcement special
fund. The Hawaii tobacco settlement
special fund shall be administered by the department."
SECTION 4. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 5. This Act shall take effect on July 1, 2024.
Report Title:
Attorney General; Tobacco Enforcement Special Fund; Hawaii Tobacco Settlement Special Fund
Description:
Amends the amount of funds within the tobacco enforcement special fund that may be carried over at the end of each fiscal year. Amends the amount of funds to be deposited to the credit of the tobacco enforcement special fund from the Hawaii tobacco settlement special fund. (CD1)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.