§36-29.5 Transfer from boating special fund. Notwithstanding any law to the contrary, including section 36-27, there shall be deducted from time to time by the director of finance for the purpose of defraying the prorated estimate of central service expenses of government in relation to the boating special fund, five per cent of all receipts and deposits in the boating special fund after subtracting therefrom any amounts pledged, charged, or encumbered for the payment of bonds or interest thereon during the time period for which the deduction is to be made. The deductions shall be transferred to the general fund of the State and shall become general realizations of the State.
For the purpose of this section, the term "any amounts pledged, charged, or encumbered for the payment of bonds or interest thereon" shall include:
(1) Amounts that are so pledged, charged, or encumbered; and
(2) Amounts required by law to be paid from the boating special fund into the general fund of the State to reimburse the general fund for bond requirements for general obligation bonds issued for boating facility purposes.
The chairperson of the board of land and natural resources shall cooperate with the director of finance in effecting the transfer. [L 2000, c 47, §1]
Cross References
Boating special fund, see §248-8.
Structure Hawaii Revised Statutes
Title 5. State Financial Administration
36-1 Responsibility for moneys.
36-2.5 Full disclosure of entities receiving state awards.
36-5 Responsibility for drafts on treasury.
36-7 Director's certificates, evidence.
36-8 Director may administer oaths.
36-21 Short-term investment of state moneys.
36-22 Loans for federal-aid projects.
36-23 Purchase of county bonds.
36-24 Loans to state and county agencies.
36-25 Transfers to loan fund; interest.
36-26 Transfer of unrequired funds for redemption of serial bonds.
36-27 Transfers from special funds for central service expenses.
36-28 Transfers from state highway fund for central service expenses.
36-28.5 Transfer from airport revenue fund.
36-29 Transfer from harbor special fund.
36-29.5 Transfer from boating special fund.
36-30 Special fund reimbursements for departmental administrative expenses.
36-31 Transfers from special funds, limited or suspended, when.
36-36 School physical plant operations and maintenance account; maintenance schedule.
36-41 Energy retrofit and performance contracting for public facilities.
36-42 Vehicle fleet performance contracts for vehicle fleet energy efficiency programs.