STAND. COM. REP. NO. 3528

Honolulu, Hawaii

RE: H.B. No. 2182

H.D. 1

S.D. 2

 

 

Honorable Robert Bunda

President of the Senate

Twenty-Third State Legislature

Regular Session of 2006

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred H.B. No. 2182, H.D. 1, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO EDUCATION,"

begs leave to report as follows:

The purpose of this measure is to provide resources for both the operations and repair and maintenance of Hawaii's public schools.

Specifically, this measure:

(1) Authorizes the Director of Finance to issue general obligation bonds for capital improvements projects for the Department of Education;

(2) Makes appropriations for the operations of the Department of Education and repair and maintenance of public school facilities;

(3) Allows the Department of Education to enter into financing agreements without the approval of the Director of Finance, but with the approval of the Attorney General as to form and legality, for the development of public school facilities; and

(4) Establishes the new school construction special fund for the purpose of making lease back payments for new schools constructed through the use of financing agreements.

Your Committee amended this measure to facilitate further discussion by:

(1) Inserting specific amounts for the two appropriation sections;

(2) Inserting a specific amount for the authorized general obligation bond issue; and

(3) Changing the effective date to July 1, 2050.

Your Committee also made technical nonsubstantive changes for purposes of clarity and consistency.

As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2182, H.D. 1, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2182, H.D. 1, S.D. 2.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

____________________________

BRIAN T. TANIGUCHI, Chair