HOUSE OF REPRESENTATIVES	H.B. NO.	1472
THIRTY-SECOND LEGISLATURE, 2023
STATE OF HAWAII

A BILL FOR AN ACT

relating to the works of art special fund.

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

SECTION 1. Section 103-8.5, Hawaii Revised Statutes, is amended as follows:

1. By amending subsection (a) to read:

"(a) There is created a works of art special fund, into which shall be transferred [one] 0.5 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 new state buildings[.], properties, or facilities. The [one] 0.5 per cent transfer requirement shall not apply to appropriations from the passenger facility charge special fund established by section 261-5.5 and the rental motor vehicle customer facility charge special fund established under section 261-5.6."

2. By amending subsection (c) to read:

"(c) The [one] 0.5 per cent amount, which is included in all capital improvement appropriations[,] designated for the construction of new state buildings, properties, or facilities, shall be calculated at the time the appropriation bills are signed into law. The moneys shall be transferred into the works of art special fund upon availability of moneys from the appropriations. Each agency receiving capital improvement appropriations shall calculate the [one] 0.5 per cent amount and transfer the moneys into the works of art special fund."

3. By amending subsections (e) and (f) to read:

"(e) The comptroller shall:

(1) Provide each agency receiving capital improvement appropriations with information regarding items that shall be included and excluded from the [one] 0.5 per cent amount;

(2) Ensure that each agency calculates its [one] 0.5 per cent amount correctly; and

(3) Ensure that each agency transfers the correct amount to the works of art special fund in a timely manner.

(f) The comptroller and the executive director shall track amounts due from each agency under the [one] 0.5 per cent requirement as provided in this section."

SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.

SECTION 3. This Act shall take effect upon its approval.

INTRODUCED BY:

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Report Title:

Works of Art Special Fund; Capital Improvement Appropriations

Description:

Specifies that 0.5 per cent, rather than one per cent, of state fund appropriations for capital improvements shall be transferred into the Works of Art Special Fund. Limits the 0.5 per cent amount to appropriations designated for the construction of new state buildings, properties, or facilities.

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.