SB2932

Report Title:

State Park Acquisition

 

Description:

Requires 1% of all state fund appropriations for capital improvements designated for the construction of state buildings to be deposited into the park acquisition trust fund.

THE SENATE	S.B. NO.	2932
TWENTY-FIRST LEGISLATURE, 2002
STATE OF HAWAII

A BILL FOR AN ACT

 

RELATING TO EXPENDITURE OF PUBLIC MONEY.

 

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

SECTION 1. The legislature finds that the preservation of undeveloped coastal areas is of central importance to the health of the tourism industry. It is Hawaii's unsurpassed natural beauty that brings visitors to these islands. It is our wild coastal areas that are marketed by the tourism industry to bring over six million visitors to our shores each year. The legislature further finds that using a portion of the works of art special fund for park acquisition is appropriate and desirable.

The purpose of this Act is to require the transfer of one per cent of all state fund appropriations for capital improvements designated for the construction of state buildings, into the park acquisition trust fund.

SECTION 2. Section 184-3.5, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows:

"(b) There shall be deposited into the fund the following:

(1) Contributions received by the State that are designated for a particular proposed or existing park or parks;

(2) All other gifts, bequests, appropriations, or other contributions of money or other property not otherwise conditioned; [and]

(3) All interest earned or accrued on moneys in the fund[.]; and

(4) One per cent of all state fund appropriations for capital improvements designated for the construction cost element; provided that this transfer shall apply only to capital improvement appropriations that are designated for the construction or renovation of state buildings; provided further that the one per cent amount to be deposited shall be calculated at the time the state fund appropriation is approved by the governor or becomes law without the governor's signature; provided further that the deposit of shall not occur until the moneys are released for the capital improvement."

SECTION 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.

SECTION 4. This Act shall take effect on July 1, 2002, and shall apply to capital improvement appropriations enacted after June 20, 2002.

INTRODUCED BY:	_____________________________