Hawaii Revised Statutes Division 1. Government § 304A-2279

(a) There is established the university of Hawaii conference center revolving fund for conference center programs conducted by the university.  The university may establish and collect fees and charges for the costs of providing these services.  All fees, charges, and other moneys collected in conjunction with the conference center programs of the university shall be deposited in separate accounts within the revolving fund.  The university may establish accounts under the university of Hawaii conference center revolving fund to facilitate the administration of this fund among the various campuses and operating units of the university of Hawaii system.  The university is authorized to expend funds from the appropriate account in the revolving fund for all costs associated with conducting conferences, seminars, and courses provided by the conference center programs, including but not limited to expenses for honoraria, hotel and room rentals, food and refreshment, printing and mailing, airfare and per diem, lei, rental of audiovisual equipment, and other conference related services, fees, supplies and materials, without regard to section 103D-1002 and any competitive bidding requirements pursuant to state procurement requirements.

(b) The university shall submit a report to the legislature no later than twenty days prior to the convening of each regular session, accounting for all income and expenditures of each separate account within the revolving fund.