STAND. COM. REP. 1424
Honolulu, Hawaii
, 2003
RE: S.B. No. 1305
S.D. 1
H.D. 1
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 S.B. No. 1305, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO STATE FUNDS,"
begs leave to report as follows:
The purpose of this bill, as received, is to transfer amounts in excess of the requirements of eleven special and revolving funds into the general fund.
For purposes of receiving public testimony, your Committee circulated a proposed H.D. 1 version of this bill. The proposed draft:
(1) Allocates 12 percent of tobacco settlement moneys to the general fund; and
(2) Reduces allocations to the Emergency and Budget Reserve Fund, Department of Health (DOH), and the Hawaii Tobacco Prevention and Control Trust Fund.
The Department of Budget and Finance, DOH, Tobacco Prevention and Control Advisory Board, American Cancer Society, American Heart Association, Tobacco Free Kauai Coalition, Coalition for a Tobacco Free Hawaii, American Lung Association of Hawaii, Molokai General Hospital-Lamalama Ka Ili Community Health Services, several individuals from Baldwin High School, and numerous concerned individuals testified in opposition to the proposed draft. The Judiciary and Tax Foundation of Hawaii submitted comments on the bill as received.
Your Committee has amended the proposed draft by:
(1) Deleting the specific percentages allocated from tobacco settlement moneys;
(2) Changing the effective date to July 1, 2050, to encourage further discussion; and
(3) Making technical, nonsubstantive changes for purposes of style and clarity.
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. 1305, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 1305, S.D. 1, H.D. 1, and be placed on the calendar for Third Reading.
Respectfully submitted on behalf of the members of the Committee on Finance,
____________________________ DWIGHT Y. TAKAMINE, Chair |
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