STAND. COM. REP. NO. 633

Honolulu, Hawaii

, 2005

RE: S.B. No. 436

 

 

Honorable Robert Bunda

President of the Senate

Twenty-Third State Legislature

Regular Session of 2005

State of Hawaii

Sir:

Your Committee on Judiciary and Hawaiian Affairs, to which was referred S.B. No. 436 entitled:

"A BILL FOR AN ACT RELATING TO FINANCIAL DISCLOSURE STATEMENTS,"

begs leave to report as follows:

The purpose of this measure is to require the disclosure of business and real property interests held by state officials and employees outside of Hawaii under the State's financial disclosure law.

Testimony in support of this measure was submitted by the State Ethics Commission, the League of Women Voters of Hawaii, and Citizen Voice.

Your Committee finds that requiring disclosure of business and real property interests held within and outside of Hawaii by state officials and employees is an important facet of the disclosure law as these interests, whether within or outside of Hawaii, may be affected by official action taken by these public officials or employees.

As affirmed by the record of votes of the members of your Committee on Judiciary and Hawaiian Affairs that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 436 and recommends that it pass Second Reading and be placed on the calendar for Third Reading.

Respectfully submitted on behalf of the members of the Committee on Judiciary and Hawaiian Affairs,

____________________________

COLLEEN HANABUSA, Chair