HOUSE OF REPRESENTATIVES

H.B. NO.

519

TWENTY-NINTH LEGISLATURE, 2017

 

STATE OF HAWAII

 

 

 

 

 

 

A BILL FOR AN ACT

 

 

relating to the university of hawaii.

 

 

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

 


     SECTION 1.  Section 304A-2251, Hawaii Revised Statutes, is amended to read as follows:

     "§304A-2251  University of Hawaii commercial enterprises revolving fund.  There is established the University of Hawaii commercial enterprises revolving fund into which shall be deposited all revenues derived from the operation of commercial enterprises by university programs and all fees and charges collected pursuant to section 304A‑1865.  Revenues deposited into this fund may be expended by the university for all costs and expenses associated with the operation of the enterprises, including hiring personnel, providing food services, renovating commercial space, and purchasing merchandise, supplies, and equipment, without regard to chapters 76, 78, 89, 103, and 103D.  Any law to the contrary notwithstanding, the university may transfer all funds at its disposal, with the exception of general funds and University of Hawaii tuition and fees special fund moneys, into the revolving fund to finance the establishment of new commercial enterprises; except that no more than ten per cent of the tuition and fees special fund moneys may be loaned to the revolving fund to finance the establishment of new commercial enterprises.  Revenues not expended as provided in this section may be transferred to other university funds to be expended for the general benefit of the university."

     SECTION 2.  New statutory material is underscored.

     SECTION 3.  This Act shall take effect on July 1, 2017.

 

INTRODUCED BY:

_____________________________

 

 


 


 

Report Title:

University of Hawaii Commercial Enterprises Revolving Fund; Food Services

 

Description:

Authorizes revenues in the UH commercial enterprises revolving fund to be expended for costs and expenses associated with food services.

 

 

 

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