Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Higher Education, to which was referred H.C.R. No. 60 entitled:

begs leave to report as follows:

The purpose of this concurrent resolution is to express the Legislature's support for the School of Ocean and Earth Science and Technology (SOEST) at the University of Hawaii (UH).

UH submitted comments on this concurrent resolution.

Your Committee finds that currently, overhead moneys from research units at UH are deposited into the Research and Training Revolving Fund (Fund) to be used by UH to support further research ventures. However, moneys in the Fund are not returned equitably to the research units that generated the funds, and this problem is not limited to funds generated by SOEST. Your Committee feels that this situation needs to be rectified while maintaining accountability for the use of research moneys at UH.

As affirmed by the record of votes of the members of your Committee on Higher Education that is attached to this report, your Committee concurs with the intent and purpose of H.C.R. No. 60 and recommends its adoption.