HOUSE OF REPRESENTATIVES H.B. NO. 1030 THIRTY-SECOND LEGISLATURE, 2023 STATE OF HAWAII 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:
HOUSE OF REPRESENTATIVES H.B. NO. 1030
THIRTY-SECOND LEGISLATURE, 2023
STATE OF HAWAII
HOUSE OF REPRESENTATIVES
H.B. NO.
1030
THIRTY-SECOND LEGISLATURE, 2023
STATE OF HAWAII
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:
SECTION 1. Section 269-33, Hawaii Revised Statutes, is amended by amending subsection (d) to read as follows: "(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 Statutory material to be repealed is bracketed and stricken.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. INTRODUCED BY: _____________________________ BY REQUEST
SECTION 1. Section 269-33, Hawaii Revised Statutes, is amended by amending subsection (d) to read as follows:
"(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 Statutory material to be repealed is bracketed and stricken.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.
INTRODUCED BY: _____________________________
BY REQUEST
INTRODUCED BY:
_____________________________
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.
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.