Bill > HB1154

This bill modifies how central service expenses are transferred from three specific state funds: the State Highway Fund, Airport Revenue Fund, and Harbor Special Fund. Currently, these funds transfer 5% of their receipts to the state's general fund, but the bill introduces a cap of $5,000,000 for these transfers. Additionally, starting September 30, 2025, the bill requires the director of transportation to propose an annual adjustment to the transfer amount based on the Consumer Price Index (CPI) for All Urban Consumers in the Honolulu area, excluding food and energy costs. If the CPI calculation would result in a negative percentage, the governor can approve a zero percent adjustment. The bill maintains the existing requirement that these transfers become general state realizations and that the department of transportation cooperate with the director of finance in processing these transfers. The changes aim to provide more flexibility in how central service expenses are calculated and transferred across these state funds, while also introducing a mechanism for potential annual adjustments based on economic indicators.

Budget and Finance, Transportation and Infrastructure

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=1154&year=2026