RELATING TO PUBLIC LAND TRUST REVENUES.

HB 293 requires that all funds from the pro rata share of the Public Land Trust be transferred directly to the Office of Hawaiian Affairs (OHA). This bill specifically redirects revenues generated from public land trust investments, which are typically distributed to various state funds, to OHA instead. The key mechanism is a mandatory transfer of these designated trust funds, altering their current allocation. This change directly affects OHA by increasing its funding stream from this specific source, though the bill remains pending in committee review.