CONFERENCE COMMITTEE REP. 27
Honolulu, Hawaii
, 2003
RE: H.B. No. 320
H.D. 2
S.D. 1
C.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Second State Legislature
Regular Session of 2003
State of Hawaii
Honorable Robert Bunda
President of the Senate
Twenty-Second State Legislature
Regular Session of 2003
State of Hawaii
Sir:
Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in H.B. No. 320, H.D. 2, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO RISK MANAGEMENT,"
having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.
The purpose of this bill is to assist the University of Hawaii (UH) in managing its risks by:
(1) Creating the UH Risk Management Special Fund; and
(2) Enabling the UH Board of Regents to approve the indemnification of persons, companies, and governmental entities to allow UH to receive funding for research and other educational purposes.
Your Committee on Conference finds that this bill will enable UH to implement a fully functional risk management program consisting of purchased insurance, self-insurance, or both. An expanded risk management program will enhance UH's fiscal autonomy, and allow UH to pay for all but the most catastrophic judgments and settlements without receiving legislative appropriations.
Your Committee on Conference has amended this bill by:
(1) Changing the effective date to July 1, 2003; and
(2) Making technical, nonsubstantive changes for purposes of style and clarity.
As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of H.B. No. 320, H.D. 2, S.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as H.B. No. 320, H.D. 2, S.D. 1, C.D. 1.
Respectfully submitted on behalf of the managers:
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ON THE PART OF THE SENATE |
ON THE PART OF THE HOUSE |
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____________________________ NORMAN SAKAMOTO, Chair |
____________________________ K. MARK TAKAI, Co-Chair |
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____________________________ BRIAN T. TANIGUCHI, Co-Chair |
____________________________ ERIC G. HAMAKAWA, Co-Chair |
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____________________________ JON RIKI KARAMATSU, Co-Chair |
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