HB293

Hawaii HB293 mandates annual transfer of 20% of public land trust income to the Office of Hawaiian Affairs for native Hawaiians' benefit.

Hawaii HB293 amends state statutes to ensure the annual transfer of 20% of income and proceeds from the public land trust to the Office of Hawaiian Affairs. This transfer aims to fulfill the state's constitutional obligation to improve the conditions of native Hawaiians. The bill requires departments and agencies collecting receipts from public land to establish trust accounts for these funds. If legal constraints prevent using a portion of the receipts for native Hawaiians' benefit, the departments must report the receipts as gross income.