STAND. COM. REP. NO. 65
Honolulu, Hawaii
, 2005
RE: S.B. No. 851
S.D. 1
Honorable Robert Bunda
President of the Senate
Twenty-Third State Legislature
Regular Session of 2005
State of Hawaii
Sir:
Your Committee on Transportation and Government Operations, to which was referred S.B. No. 851 entitled:
"A BILL FOR AN ACT RELATING TO THE HIGHWAY DEVELOPMENT SPECIAL FUND,"
begs leave to report as follows:
The purpose of this measure is to clarify that no moneys deposited into the highway development special fund will lapse or be transferred into the general fund.
Your Committee received testimony in support of this measure from the Department of Transportation, Hawaii Transportation Association, and Kona Traffic Safety Committee.
The intent of this measure is to safeguard the highway development special fund to ensure that it is used for its intended purpose by preventing moneys from lapsing or transferring into the general fund.
Your Committee finds that moneys in the highway development special fund need to be maintained in the fund to provide expenditures from the fund for its dedicated purposes, among which are paying for capital costs of qualifying proposed state highway improvements.
Your Committee has amended this measure by making technical, nonsubstantive amendments for clarity and style.
As affirmed by the record of votes of the members of your Committee on Transportation and Government Operations that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 851, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 851, S.D. 1, and be referred to the Committee on Ways and Means.
Respectfully submitted on behalf of the members of the Committee on Transportation and Government Operations,
____________________________ LORRAINE R. INOUYE, Chair |
||