§29-24  Interagency federal revenue
maximization revolving fund.  (a)  There is established in the state
treasury an interagency federal revenue maximization revolving fund, into which
shall be deposited all funds and proceeds collected from the federal government
and third-party payers for costs not previously claimed by the State, with the
exception of proceeds collected for services provided by the Hawaii health
systems corporation or its regional system boards, for reimbursement of
federally-funded state programs.  For purposes of this chapter,
federally-funded state programs include but shall not be limited to those
federally-funded programs within the departments of human services and health,
and shall not include the federally-funded program within the department of
education as provided in section 302A-1406.  Expenditures and transfers from
the fund shall be made by the comptroller in proportional allocations
established by the comptroller and the director of finance.  Transfers shall be
made to the department claiming the reimbursement for expenses incurred related
to federal fund reimbursement claims and to the general fund of the State. 
Moneys in the fund may be expended for consultant services rendered under
subsection (b).



(b)  Notwithstanding any other law to the
contrary, the comptroller, by contract, may retain the services of certified
public accountants and other consultants to pursue and collect federal fund
reimbursements, and perform other duties necessary to administer this section. 
At the option of the comptroller, consultants retained by contract under this
subsection may be compensated on:



(1)  A fixed-price basis;



(2)  An hourly rate basis with or without a fixed cap;
or



(3)  Through a contingent fee arrangement specified in
the contract.



Such compensation shall be payable out of all sums
the consultant recovers for the State.



(c)  No later than twenty days prior to the
convening of each regular session of the legislature, the comptroller shall
submit to the legislature a report including the following information:



(1)  Itemized amounts of all federal reimbursements;



(2)  Description and amounts of all expenses incurred
by the fund;



(3)  Method of compensation and amounts of
compensation for all certified public accountants and other consultants
retained by the comptroller to pursue and collect federal fund reimbursements
and perform other duties necessary to administer this section;



(4)  Method of determining allocation of funds;



(5)  Amounts allocated by the comptroller; and



(6)  Fund balances. [L Sp 1995, c 11, §§2, 15(3); am L
1996, c 177, §1; am L 1997, c 191, §1; am L 1999, c 160, §§27, 28; am L 2000, c
18, §3; am L 2006, c 244, §3; am L 2007, c 290, §6]



 



Cross References



 



  Federal reimbursement maximization special fund, see §353C-7.