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. 2950, S.D. 1, entitled:

begs leave to report as follows:

The purpose of this measure is to offer health benefit plan options for members of various collective bargaining units through a voluntary employees' beneficiary association trust.

Your Committee finds that any employee organization with multiple bargaining units may also benefit from a voluntary employees' beneficiary association trust for state and county employees that is established by that employee organization.

Your Committee has amended this measure by changing the effective date of the measure to July 1, 2050 to facilitate further discussion.

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. 2950, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2950, S.D. 2.