§261D-1 - Transportation use special fund; established. - Hawaii Statutes

     §261D-1  Transportation use special fund; established.  There is created in the treasury of the State, as a separate account in the airport revenue fund established by section 248-8, the transportation use special fund.  There shall be credited to such account that portion of the moneys received by the department of transportation paid under any contract entered into as authorized by section 261-7 on account of the display, sale, and delivery of in-bond merchandise displayed or sold at locations in the State other than on airport properties in the manner provided by rules adopted pursuant to chapter 91 as permitted under federal law without causing a violation of federal grant agreements, or as shall be mutually agreed upon by the State and any appropriate agency of the federal government; provided that no moneys so credited may be appropriated, applied, or expended from the transportation use special fund prior to July 1, 1990, except for purposes provided under section 261-5.  The director of transportation shall administer the fund. [L 1989, c 309, pt of §3; am L 1990, c 149, §3]