Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Third State Legislature

Regular Session of 2005

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 969 entitled:

begs leave to report as follows:

The purpose of this bill is to prohibit the Department of Education (DOE) from using the annual contribution by a nonprofit organization to reduce, suspend, or offset DOE's normal budgetary allocation to a new century conversion charter school.

Kamehameha Schools, Hookakoo Corporation, and a concerned individual testified in support of this measure. DOE provided comments.

Your Committee has amended this bill by changing the effective date to July 1, 2010, to encourage further discussion.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 969, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 969, H.D. 1.