STAND. COM. REP. NO. 3332

                                   Honolulu, Hawaii
                                                     , 2000

                                   RE:  H.B. No. 2624
                                        H.D. 1
                                        S.D. 1




Honorable Norman Mizuguchi
President of the Senate
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Sir:

     Your Committee on Ways and Means, to which was referred H.B.
No. 2624, H.D. 1, S.D. 1, entitled: 

     "A BILL FOR AN ACT RELATING TO THE UNIVERSITY OF HAWAII,"

begs leave to report as follows:

     The purpose of this bill is to recodify the statutory
section establishing the seed distribution program revolving fund
administered by the University of Hawaii.

     Specifically, this measure repeals the seed distribution
program and revolving fund from title 11 on agriculture and
animals and reenacts it in title 18 on education in the Hawaii
Revised Statutes.  Furthermore, this measure repeals the
requirements that the University submit annual reports to the
Department of Budget and Finance and remit sums in excess of
$70,000 to the general fund at the close of each fiscal year.

     Your Committee finds that the University of Hawaii law is a
more appropriate location for the seed distribution program
revolving fund, since the fund is administered by the University.

     Furthermore, repeal of the annual reporting and remitting of
excess sums will strengthen the financial autonomy of the fund.


 
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                                   STAND. COM. REP. NO. 3332
                                   Page 2


     As affirmed by the record of votes of the members of your
Committee on Ways and Means that is attached to this report, your
Committee is in accord with the intent and purpose of H.B. No.
2624, H.D. 1, S.D. 1, and recommends that it pass Third Reading.

                                 Respectfully submitted on behalf
                                 of the members of the Committee
                                 on Ways and Means,



                                 ________________________________
                                 CAROL FUKUNAGA, Co-Chair



                                 ________________________________
                                 ANDREW LEVIN, Co-Chair

 
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