STAND. COM. REP. NO. 708

Honolulu, Hawaii

RE:    S.B. No. 1092

Honorable Colleen Hanabusa

President of the Senate

Twenty-Fourth State Legislature

Regular Session of 2007

State of Hawaii

Madam:

     Your Committee on Ways and Means, 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 measure is to extend the lapse date for an appropriation out of the state educational facilities special fund.

     Specifically, this measure allows the Department of Education until June 30, 2008 to spend the appropriated $40,000,000 for public school repair and maintenance projects.

     Your Committee received comments in support of this measure from the Department of Education.

     Your Committee finds that the original bond fund appropriation was allotted in December of 2006 which left the Department only six months to encumber the funds.

     This measure provides the Department with ample time to encumber the funds until the end of fiscal year 2007-2008.

     As affirmed by the record of votes of the members of your Committee on Ways and Means 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 Third Reading.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

____________________________

ROSALYN H. BAKER, Chair