Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 405 entitled:

begs leave to report as follows:

The purpose of this bill is to prohibit the Governor and Director of Finance from restricting any state agency's ability to expend federal grant moneys if the granting federal agency has already approved the expenditure of funds as provided in the state agency's grant application.

The State Foundation on Culture and the Arts supported this bill. The Department of Budget and Finance opposed this bill.

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 H.B. No. 405 and recommends that it pass Second Reading and be placed on the calendar for Third Reading.