STAND. COM. REP. NO. 569-04
Honolulu, Hawaii
, 2004
RE: H.B. No. 2547
H.D. 2
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Second State Legislature
Regular Session of 2004
State of Hawaii
Sir:
Your Committee on Finance, to which was referred H.B. No. 2547, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO THE UNIVERSITY OF HAWAII,"
begs leave to report as follows:
The purpose of this bill is to improve accountability over University of Hawaii (UH) moneys by:
(1) Granting restricted oversight to the Auditor over state moneys provided to the UH Foundation;
(2) Requiring UH to submit an expanded report regarding moneys provided to the UH Foundation; and
(3) Clarifying that UH may use moneys in the Tuition and Fees Special Fund to:
(A) Promote alumni activities; and
(B) Maintain stewardship of state funds by the UH Foundation.
The Auditor and an individual submitted testimony in support of this bill. UH and the UH Foundation opposed this bill.
Your Committee has amended this bill by:
(1) Changing the effective date to July 1, 2010, to facilitate further discussion; and
(2) Making technical, nonsubstantive changes for 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 H.B. No. 2547, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2547, H.D. 2.
Respectfully submitted on behalf of the members of the Committee on Finance,
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____________________________ DWIGHT Y. TAKAMINE, Chair |
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