Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Third State Legislature

Regular Session of 2006

State of Hawaii

Sir:

Your Committee on Finance, to which was referred S.B. No. 2237, S.D. 1, entitled:

begs leave to report as follows:

The purpose of this bill is to expend moneys received from the settlement of claims in a timely manner, for the purposes of the settlement, by amending the State Risk Management and Insurance Administration law.

Specifically, this bill allows the Comptroller to:

The Department of Accounting and General Services and the Department of Education testified in support of this bill.

Currently, state agencies receive settlement funds for repair work only after they have expended their own funds, causing the state agency to divert funds from existing appropriations and subsequently affecting planned projects or services. This bill attempts to expedite this process so that state agencies may pay for repair work in a timely manner without affecting existing projects.

Your Committee has amended this bill by changing the effective date to July 1, 2020, 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 S.B. No. 2237, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 2237, S.D. 1, H.D. 1, and be placed on the calendar for Third Reading.