STAND. COM. REP. NO. 2704

                                   Honolulu, Hawaii
                                                     , 2000

                                   RE:  S.B. No. 2572
                                        




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 S.B.
No. 2572 entitled:

     "A BILL FOR AN ACT RELATING TO THE UNIVERSITY OF HAWAII
     FACILITIES USE REVOLVING FUND,"

begs leave to report as follows:

     The purpose of this bill is to expand the revenue base of
the University of Hawaii facilities use revolving fund to include
revenues from the use of university real property.

     Furthermore, this bill authorizes the transfer of funds in
the revolving fund to other university funds.

     Your Committee finds that this measure will assist the
University of Hawaii in becoming an autonomous self-supporting
university.

     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 S.B. No.
2572 and recommends that it pass Third Reading.


 
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                                   STAND. COM. REP. NO. 2704
                                   Page 2


                                 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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