Current through the 2024 Legislative Session
Section 328G-7 - [Repealed Effective 7/1/2027] Hawaii hemp processing special fund established(a) There is established within the state treasury the Hawaii hemp processing special fund into which shall be deposited: (1) Appropriations made by the legislature to the special fund;(2) Any income and capital gains earned by the fund; and(3) Any fees or fines collected by the department pursuant to this part.(b) Moneys in the Hawaii hemp processing special fund shall be used by the department for the following purposes:(1) To establish and regulate a system of permitting hemp processors and the sale, holding, offering, or distributing for sale of crude extract and manufactured hemp products;(2) To fund positions and operating costs authorized by the legislature; and(3) For any other expenditure necessary, consistent with this chapter, to implement the Hawaii hemp processing program.Amended by L 2023, c 263,§ 15, eff. 7/1/2023.Amended by L 2023, c 263,§ 11, eff. 7/1/2023.Amended by L 2022, c 137,§ 2, eff. 6/27/2022.Repealed by L 2020, c 14,§ 9, eff. 7/1/2027).Added by L 2020, c 14,§ 2, eff. 8/27/2020.