§171-19.5  Infrastructure development fund;
establishment.  (a)  There is established in the state treasury the
infrastructure development fund to be administered by the department of land
and natural resources.  Funds transferred or appropriated by the legislature
and moneys received or collected by the department of land and natural
resources, as authorized by the legislature, shall be deposited into the
infrastructure development fund.



(b)  The infrastructure development fund shall
be used to provide funding for infrastructure development in the Kikala-Keokea
area on the island of Hawaii to benefit residents of Kalapana who have been
dispossessed of their homes and lands as a result of the continued volcanic
eruptions on the island of Hawaii, which began on January 3, 1983. 
Proceeds of this fund may be used for necessary expenses in the administration
of the fund.



(c)  Upon fulfillment of the purposes of this
section, any unexpended or unencumbered funds appropriated by the legislature
or remaining in the infrastructure development fund as of the close of business
on December 31, 2004, shall not lapse into that fund or to the credit of the
general fund, but shall be transferred to the credit of the Kikala-Keokea
housing revolving fund established in section 201H-81 as of that date; provided
that any unexpended or unencumbered moneys that were provided by the office of
Hawaiian affairs and deposited into the infrastructure development fund for the
purpose of infrastructure development shall be refunded to the office of
Hawaiian affairs upon the completion of the fund's intended purpose.  No funds
shall be transferred until all funding commitments entered into by the
department of land and natural resources to complete the design and
construction of infrastructure improvements have been executed. [L 2001, c 144,
§2; am L 2003, c 43, §1; am L 2007, c 249, §13]