§304A-2252 - Child care programs revolving fund.
[§304A-2252] Child care programs revolving fund. There is established a child care programs revolving fund for the operation of child care programs established under section 304A‑116 and the construction and renovation of child care centers established by the University of Hawaii. Fees charged for child care at child care programs, proceeds from donations to the university for child care programs, and proceeds from loans or other instruments of indebtedness for the construction or renovation of child care centers shall be deposited into the revolving fund. Expenditures from the revolving fund shall be made for the operation of child care programs and payment of principal and interest on obligations incurred for the construction or renovation of child care centers. [L 2006, c 75, pt of §2]