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 S.B. No. 1411, S.D. 1, entitled:

begs leave to report as follows:

The purpose of this bill is to establish the University of Hawaii (UH) Risk Management Special Fund to fund UH's risk management program.

UH submitted testimony in support of this bill.

Your Committee finds that this bill will further develop the autonomy provided to UH under the Constitution. This bill will provide the statutory authority for UH to establish a fully functional risk management program and pay for insurance, settlements, and judgments against the university without an annual legislative authorization.

As affirmed by the record of votes of the members of your Committee on Higher Education that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1411, S.D. 1, and recommends that it pass Second Reading and be referred to the Committee on Judiciary.