2014 Hawaii Revised Statutes
TITLE 18. EDUCATION
302A. Education
302A-1315 Food distribution program revolving fund.

§302A-1315 Food distribution program revolving fund. (a) There is established the food distribution program revolving fund to be administered by the department.

(b) The food distribution program revolving fund shall consist of:

(1) Administrative fees collected by the department for administering and operating the food distribution program;

(2) All interest earned on the deposit or investment of moneys in the food distribution program revolving fund; and

(3) Any other moneys made available to the food distribution program revolving fund from other sources.

(c) The food distribution program revolving fund shall be used by the department for the collection and disbursement of generated revenue to support the administration and operation of the food distribution program pursuant to 7 Code of Federal Regulations section 250.15.

(d) The balance in the food distribution program revolving fund shall not exceed $2,000,000 to pay for services rendered by state-contracted warehouses for the distribution of federal commodity foods to the recipient agencies. Any moneys remaining in the revolving fund in excess of $2,000,000 at the end of each fiscal year shall lapse to the credit of the general fund. [L 2007, c 194, §2; am L 2010, c 105, §2]

Note

Transfer of certain interest earnings to general fund until June 30, 2015. L 2009, c 79, §30(a)(21).