STAND. COM. REP. NO.  1806

Honolulu, Hawaii

                , 2007

RE:   S.B. No. 1092

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 S.B. No. 1092 entitled:

"A BILL FOR AN ACT RELATING TO EDUCATION,"

begs leave to report as follows:

     The purpose of this bill is to extend the lapse date to June 30, 2008, for the $40,000,000 that was appropriated for fiscal year 2006-2007 out of the State Educational Facilities Special Fund for public school repair and maintenance projects.

     The Department of Education testified in support of this bill.

     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. 1092 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 Finance,

____________________________

MARCUS R. OSHIRO, Chair