This bill will amend Section 26-5 of the Hawaii Revised Statutes, specifically subsection (g), to establish the human resources development revolving fund. The fund will consist of various revenues, including participant fees from in-service training and appropriations made by the legislature. It will facilitate a more dynamic financial structure that can better support entrepreneurial activities, thus potentially improving workforce development initiatives within the state. The ability to generate funds through training programs may also lessen the burden on taxpayers by utilizing fees rather than seeking increased budget allocations from the legislature.
Summary
House Bill 38 seeks to reclassify the human resources development special fund under the Department of Human Resources Development as a revolving fund. This change follows a recommendation made in the auditor's report no. 22-12. A revolving fund is defined as a fund that can be replenished by the revenues generated from operations, allowing greater flexibility and sustainability in financing departmental programs and services. The reclassification aims to enhance the department's ability to engage in entrepreneurial initiatives and develop training programs without solely relying on general fund appropriations.
Contention
While HB 38 appears to have wide support due to its potential for enhancing the Department's ability to generate and utilize funds more effectively, there may be concerns regarding accountability and oversight. The reclassification of the fund as revolving raises questions about the management of such funds and whether adequate systems are in place to ensure that the funds are used appropriately for intended purposes. Furthermore, transparency regarding how fees and additional revenue are handled will be vital to maintain public trust in the department's operations.
Relating to inspection procedures in certain long-term care facilities and the creation of a long-term care legislative oversight committee; providing penalties.
Taxation: administration; settlement process; modify to reflect repeal of the state real estate transfer tax act. Amends sec. 21 of 1941 PA 122 (MCL 205.21). TIE BAR WITH: HB 5811'24
Relating to the continuation and functions of the Department of Information Resources and certain procurement functions of the comptroller of public accounts.
Relating to the continuation and functions of the Department of Information Resources and certain procurement functions of the comptroller of public accounts.