ยง248-10 - State highway fund; disposition of certain income.
ยง248-10ย State highway fund; disposition of
certain income.ย The department of land and natural resources shall deposit
to the credit of the state highway fund created by section 248-8, all income
received from the rental or lease of real property which has been acquired for
highway purposes and paid for out of the state highway fund.ย Moneys thus
deposited are hereby appropriated and may be expended by the department of
transportation in accordance with section 248-9.
The department of transportation shall
reimburse the department of land and natural resources, from the state highway
fund, for all expenditures involved in the collection of such rental income and
of the management and maintenance of such property.ย Such reimbursements shall
be deposited in the general fund.
Nothing in this section shall be construed to
amend or restrict the funds to be expended under any other law appropriating or
authorizing the expenditure of other moneys by the department of
transportation. [L 1951, c 251, ยง1; am L 1953, c 132; RL 1955, ยง129-13; am L
1959, c 265, ยง16; am L Sp 1959 2d, c 1, ยงยง21, 26; am L 1961, c 132, ยง2; HRS
ยง248-10]