STAND. COM. REP. NO.  1997

Honolulu, Hawaii

                , 2007

RE:   H.R. No. 131

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2007

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.R. No. 131 entitled:

"HOUSE RESOLUTION REQUESTING THE UNIVERSITY OF HAWAII TO DESIGN A LONG-TERM COMPREHENSIVE FINANCIAL PLAN AND CONDUCT A POLICY REVIEW,"

begs leave to report as follows:

     The purpose of this resolution is to request the University of Hawaii to design a long-term comprehensive financial plan and conduct a policy review to ensure greater fiscal responsibility and accountability.

     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 H.R. No. 131 and recommends its adoption.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

MARCUS R. OSHIRO, Chair