Report Title:

Transfers; State Highway Fund.

 

Description:

Transfers $36.4 million from the general fund to the State Highway Fund in each of the FY 2007-2008 and  2008-2009.

 


HOUSE OF REPRESENTATIVES

H.B. NO.

1428

TWENTY-FOURTH LEGISLATURE, 2007

 

STATE OF HAWAII

 

 

 

 

 

 

A BILL FOR AN ACT


 

 

RELATING TO TRANSFERS FROM THE GENERAL FUND TO THE STATE HIGHWAY FUND.

 

 

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

 


     SECTION 1.  There is appropriated out of the general revenues of the State of Hawaii the sum of $36,400,000, or so much thereof as may be necessary for fiscal year 2007-2008, and the sum of $36,400,000, or so much thereof as may be necessary for fiscal year 2008-2009, to be deposited into the state highway fund.

     SECTION 2.  There is appropriated out of the state highway fund, the sum of $36,400,000, or so much thereof as may be necessary for fiscal year 2007-2008, and the sum of $36,400,000, or so much thereof as may be necessary for fiscal year 2008-2009 for the purposes of the state highway fund.

     SECTION 3.  The sums appropriated shall be expended by the department of transportation for the purposes of this Act.

     SECTION 4.  This Act shall take effect on July 1, 2007.

 

INTRODUCED BY:

_____________________________

 

 

BY REQUEST