Honorable Robert Bunda

President of the Senate

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Education, to which was referred S.B. No. 1346 entitled:

begs leave to report as follows:

The purpose of this measure is to authorize the University of Hawaii to carry-over unexpended general fund appropriations from one fiscal year to the next fiscal year.

Testimony in support of this measure was submitted by the University of Hawaii.

Your Committee finds that over the last decade, the Legislature has approved measures providing increased financial flexibility to the university system, beginning with the authority to raise and expend tuition fees and more recently through a constitutional amendment granting the Board of Regents exclusive authority over the internal operations of the university system. Your Committee further finds that based upon this enhanced authority, the university should be provided some flexibility in the management of its general funds within a fiscal biennium.

Your Committee has amended this measure by:

As affirmed by the record of votes of the members of your Committee on Education that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1346, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 1346, S.D. 1, and be referred to the Committee on Ways and Means.