STAND. COM. REP. NO. 735

Honolulu, Hawaii

, 2005

RE: S.B. No. 1756

S.D. 1

 

 

Honorable Robert Bunda

President of the Senate

Twenty-Third State Legislature

Regular Session of 2005

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred S.B. No. 1756 entitled:

"A BILL FOR AN ACT RELATING TO STATE FUNDS,"

begs leave to report as follows:

The purpose of this measure is to transfer $22,277,213 from the state highway fund into the general fund.

On July 1, 2005, the Director of Finance is authorized to transfer from the state highway fund to the general fund the sum of $22,277,213, or so much thereof as may be necessary for fiscal year 2005-2006.

Your Committee has amended this bill by removing its contents and replacing it with the following:

(1) Creating a temporary Transit Authority to be governed by a board of directors composed of seven members to administer the temporary transit special fund;

(2) Prescribing membership of the board of directors of the temporary Transit Authority as follows:

(A) Four members, one from each county, shall be appointed by the respective mayors of the several counties;

(B) One member to be appointed by the Governor;

(C) One member to be appointed by the President of the Senate; and

(D) One member to be appointed by the Speaker of the House of Representatives;

(3) Requiring the temporary Transit Authority board of directors to allocate moneys from the temporary transit special fund in a proportionate manner to the counties for the counties' use for a mass transit system, in the case of the city and county of Honolulu, and for other public transit systems or county highways, in the case of the counties of Hawaii, Maui, and Kauai;

(4) Creating the temporary transit special fund within the state treasury, which is to be administered by the temporary Transit Authority, and into which shall be deposited appropriations and transfers from the state highway fund;

(5) Repealing the temporary Transit Authority and the temporary transit special fund on July 1, 2008;

(6) Authorizing the Director of Finance to transfer an unspecified amount from the state highway fund into the temporary transit special fund on July 1, 2005 for fiscal year 2005-2006; and

(7) Specifying the date of July 1, 2008 for repeal of this Act.

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 S.B. No. 1756, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 1756, S.D. 1, and be placed on the calendar for Third Reading.

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

____________________________

BRIAN T. TANIGUCHI, Chair