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THE SENATE |
S.B. NO. |
1328 |
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THIRTY-SECOND LEGISLATURE, 2023 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO THE PUBLIC UTILITIES COMMISSION SPECIAL FUND CARRYOVER BALANCE.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
"(d)
All moneys in excess of [$1,000,000] $3,000,000 remaining
on balance in the public utilities commission special fund on June 30 of each
year shall lapse to the credit of the state general fund; provided that this
ceiling shall not apply to the subaccount established in subsections (e) and
(f)."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect on June 30, 2023.
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INTRODUCED BY: |
_____________________________ |
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BY REQUEST |
Report Title:
Public Utilities Commission; Special Fund; General Fund; Chapter 269, Hawaii Revised Statutes
Description:
Increases the balance that may be retained in the Public Utilities Commission Special Fund at the end of each fiscal year from $1,000,000 to $3,000,000.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.