STAND. COM. REP. NO.1254
Honolulu, Hawaii
, 2001
RE: S.B. No. 1047
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-First State Legislature
Regular Session of 2001
State of Hawaii
Sir:
Your Committee on Finance, to which was referred S.B. No. 1047 entitled:
"A BILL FOR AN ACT RELATING TO THE SHORT-TERM INVESTMENT OF STATE MONEYS,"
begs leave to report as follows:
The purpose of this bill is to:
(1) Clarify and make a technical change to the Hawaii Revised Statutes relating to short-term investments; and
(2) Provide an additional investment option for the State Treasury.
The Department of Budget and Finance testified in support of this measure.
As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1047 and recommends that it pass Second Reading and be placed on the calendar for Third Reading.
Respectfully submitted on behalf of the members of the Committee on Finance,
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____________________________ DWIGHT Y. TAKAMINE, Chair |
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