CONFERENCE COMMITTEE REP. N 116-04
Honolulu, Hawaii
, 2004
RE: S.B. No. 420
S.D. 1
H.D. 1
C.D. 1
Honorable Robert Bunda
President of the Senate
Twenty-Second State Legislature
Regular Session of 2004
State of Hawaii
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Second State Legislature
Regular Session of 2004
State of Hawaii
Sir:
Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in S.B. No. 420, S.D. 1, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO STATE FINANCES,"
having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.
The purpose of this bill is to:
(1) Repeal certain revolving and special funds that:
(a) No longer serve the purpose for which they were originally established;
(b) Are not an appropriate means of financing for the programs or activities; or
(c) Are not financially self-sustaining;
(2) Transfer unexpended and unencumbered balances in the funds to the state general fund; and
(3) Provide general fund appropriations for fiscal year 2003-2004 and fiscal year 2004-2005 to finance the continuation of selected programs or activities.
Your Committee on Conference has amended this bill by deleting its contents and inserting provisions that would transfer excess balances contained in the Compliance Resolution Fund to the general fund for fiscal year 2004-2005.
As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of S.B. No. 420, S.D. 1, H.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as S.B. No. 420, S.D. 1, H.D. 1, C.D. 1.
Respectfully submitted on behalf of the managers:
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ON THE PART OF THE SENATE |
ON THE PART OF THE HOUSE |
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____________________________ BRIAN T. TANIGUCHI, Chair |
____________________________ DWIGHT Y. TAKAMINE, Chair |
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