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. 2274, S.D. 1, H.D. 1, entitled:

begs leave to report as follows:

The purpose of this bill is to provide Employees' Retirement System (ERS), Class A contributory plan membership to the Director of the Office of Council Services of the counties of Maui and Honolulu if the member was in service prior to July 1, 2006.

The Chair of the Maui County Council supported this measure. Hawaii County's Office of the County Clerk supported this bill with amendments. The Department of Budget and Finance and ERS opposed this measure.

Your Committee has amended this bill by:

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. 2274, S.D. 1, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2274, S.D. 1, H.D. 2.