STAND. COM. REP. NO. 2902
Honolulu, Hawaii
RE: S.B. No. 2067
S.D. 1
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 S.B. No. 2067 entitled:
"A BILL FOR AN ACT RELATING TO INSURANCE,"
begs leave to report as follows:
The purpose of this measure is to appropriate general funds for the loss mitigation grant program.
Your Committee finds that this measure is necessary to fully fund the loss mitigation grant program.
Your Committee has amended this measure by:
(1) Changing the source of the appropriation from general funds to the hurricane reserve trust fund;
(2) Adding a provision depositing those funds into the loss mitigation grant fund;
(3) Changing the appropriations to an unspecified amount; and
(4) Making technical nonsubstantive amendments for the purposes of clarity and style.
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. 2067, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2067, S.D. 1.
Respectfully submitted on behalf of the members of the Committee on Ways and Means,
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____________________________ BRIAN T. TANIGUCHI, Chair |
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