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.C.R. No. 85 entitled:

begs leave to report as follows:

The purpose of this concurrent resolution is to request a review of the University of Hawaii Board of Regents' conflict of interest policy.

Several concerned individuals testified in support of this measure. The Vice President for Legal Affairs for the University of Hawaii testified in opposition.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee concurs with the intent and purpose of S.C.R. No. 85 and recommends its adoption.