Report Title:

Higher education

Description:

Allows the UH to carry over general funds from one year to the next.

THE SENATE

S.B. NO.

1346

TWENTY-SECOND LEGISLATURE, 2003

 

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

RELATING TO HIGHER EDUCATION.

 

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

SECTION 1. Recognizing the autonomy of the University of Hawaii, the legislature has provided the university with more flexibility in managing its resources than a typical state agency.

The purpose of this Act is to increase the university's resource management flexibility by enabling the university to carry over unexpended general funds from one fiscal period to the next.

SECTION 2. Chapter 37, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:

"37- University of Hawaii; carryover of general funds. (a) The University of Hawaii may retain any appropriation of general funds for operating purposes at the close of a fiscal year. The general funds retained shall not lapse until June 30 of the following fiscal year.

(b) Any appropriation retained in accordance with this section may be used by the university to supplement the appropriations for the university program where the money was originally appropriated.

(c) The university shall submit a report for each fiscal year identifying the amount of general funds to be carried over to:

(1) The director of finance, no later than thirty days after the close of the fiscal year for which the report is being made; and

(2) The legislature, no later than twenty days prior to the convening of the following regular session of the legislature."

SECTION 3. Section 37-32, Hawaii Revised Statutes, is amended to read as follows:

"37-32 Quarterly allotment periods. Except as provided in [section] sections 37-41.5[,] and 37- , no officer, department, or establishment shall expend or be allowed to expend during any fiscal year any sum for any purpose not specifically authorized by the legislature for expenditure during that particular fiscal year, and not made available pursuant to the allotment system provided for in sections 37-31 to 37-41. For the purposes of the allotment system, each fiscal year shall be divided into four quarterly allotment periods, beginning, respectively, on the first days of July, October, January, and April; provided that in any case where the quarterly allotment period is impracticable, the director of finance may prescribe a different period suited to the circumstances, not exceeding six months nor extending beyond the end of the fiscal year."

SECTION 4. Section 37-41, Hawaii Revised Statutes, is amended to read as follows:

"37-41 Appropriations to revert to state treasury exceptions. Unless otherwise provided by [section] sections 37-41.5 and 37- , or any other law, every appropriation or part thereof of any kind made subject to sections 37-31 to 37-40, remaining unexpended and unencumbered at the close of any fiscal year shall lapse and be returned to the general fund in the manner prescribed in section 40-66."

SECTION 6. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.

SECTION 7. This Act shall take effect on July 1, 2003.

INTRODUCED BY:

_____________________________

BY REQUEST