{"data":{"id":"us-hi/haw.-rev.-stat.-37-52.4","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 37-52.4","heading":"Criteria for the establishment and continuance of revolving funds.","body":"Revolving funds shall only be established pursuant to an act of the legislature. The legislature, in establishing or reviewing a revolving fund to determine whether it should be continued, shall ensure that the revolving fund:\n\n(1) Serves a need, as demonstrated by:\n\n(A) The purpose of the program to be supported by the fund;\n\n(B) The scope of the program, including financial information on fees to be charged, sources of projected revenue, and costs; and\n\n(C) An explanation of why the program cannot be implemented successfully under the general fund appropriation process;\n\n(2) Reflects a clear nexus between the benefits sought and charges made upon the program users or beneficiaries or a clear link between the program and the sources of revenue, as opposed to serving primarily as a means to provide the program or users with an automatic means of support that is removed from the normal budget and appropriation process;\n\n(3) Provides an appropriate means of financing for the program or activity that is used only when essential to the successful operation of the program or activity; and\n\n(4) Demonstrates the capacity to be financially self-sustaining by:\n\n(A) Annual projections that show that the revolving fund will be sustainable without appropriations of general funds into the revolving fund; or\n\n(B) A schedule of projected collections of outstanding payments to the revolving fund that will capitalize the revolving fund.","path":["HI Code","Division 1","Title 5","Chapter 37"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol01_Ch0001-0042F/HRS0037/HRS_0037-0052_0004.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"64a0deb3bcc2f37267f965b310ccd97569c242579c065148fd638a6101367a3f","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-37-52.3","next":"us-hi/haw.-rev.-stat.-37-52.5"},"notice":"GroundRules: Original legal text. Not legal advice."}
