STAND. COM. REP. NO. 852-04

Honolulu, Hawaii

, 2004

RE: S.B. No. 3013

S.D. 2

H.D. 1

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2004

State of Hawaii

Sir:

Your Committee on Higher Education, to which was referred S.B. No. 3013, S.D. 2, 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 moneys expended by the University of Hawaii (UH) Foundation by:

(1) Making moneys transferred from the UH Tuition and Fees Special Fund (Special Fund) to the UH Foundation subject to audit; and

(2) Requiring increased reporting regarding the transfer of such funds to the UH Foundation.

The State Auditor submitted testimony in support of this bill. UH and the UH Foundation opposed this bill.

Your Committee has amended this bill by:

(1) Clarifying the purposes for which moneys may be transferred from the Special Fund to the UH Foundation;

(2) Placing an annual cap of $2,000,000 on moneys transferred from the Special Fund to the UH Foundation;

(3) Clarifying that the UH Board of Regents shall be the recipient of gifts to UH;

(4) Changing the effective date to July 1, 2010, to facilitate further discussion; and

(5) Making technical, nonsubstantive changes for style and clarity.

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. 3013, S.D. 2, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 3013, S.D. 2, H.D. 1, and be referred to the Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Higher Education,

 

____________________________

K. MARK TAKAI, Chair