Honorable Robert Bunda

President of the Senate

Twenty-Second State Legislature

Regular Session of 2004

State of Hawaii

Sir:

Your Committee on Education, to which was referred S.B. No. 3013 entitled:

begs leave to report as follows:

The purpose of this measure is to specify elements required of the University of Hawaii Foundation's annual report to the Legislature.

Your Committee received testimony in support of the measure from the Auditor. Your Committee received testimony in opposition to the measure from the University of Hawaii and University of Hawaii Foundation Board of Trustees.

Your Committee finds that this measure will be an important tool in ensuring public accountability for how funds are spent out of the Tuition and Fees Special fund.

Your Committee has amended the measure by deleting the provision allowing a private donor to prevent disclosure of their name or personal information, upon written request to the Auditor.

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