Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Third State Legislature

Regular Session of 2005

State of Hawaii

Sir:

Your Committee on Finance, to which was referred S.B. No. 575, S.D. 1, entitled:

begs leave to report as follows:

The purpose of this bill is to create a King Kamehameha Celebration Commission Fund to be administered by the Hawaii Community Foundation and King Kamehameha Celebration Commissioners to fund the King Kamehameha parade and festivities.

The Office of Hawaiian Affairs and Kamehameha Schools supported this bill. The Department of Accounting and General Services supported the intent of this measure.

Your Committee has amended this bill by making technical, nonsubstantive changes for clarity, consistency, and style.

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. 575, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 575, S.D. 1, H.D. 1, and be placed on the calendar for Third Reading.