STAND. COM. REP. NO. 846

Honolulu, Hawaii

RE:    S.B. No. 1313

       S.D. 1

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. 1313 entitled:

"A BILL FOR AN ACT MAKING AN EMERGENCY APPROPRIATION FOR RISK MANAGEMENT,"

begs leave to report as follows:

     The purpose of this measure is to make emergency appropriations for the state risk management revolving fund for fiscal year 2006-2007.

     Your Committee received comments in support of this measure from the Department of Accounting and General Services and the Hawaii Health Systems Corporation.

     Your Committee finds that the increase in the fund's expenditure ceiling is due to unanticipated increases in property insurance premiums and property insurance deductibles that were therefore not included in the fiscal year 2006-2007 insurance allocation.

     Your Committee has amended this measure by making several technical amendments for the purposes of clarity, including adding language relating to the general fund expenditure ceiling.

     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. 1313, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 1313, S.D. 1, and be placed on the calendar for Third Reading.

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

____________________________

ROSALYN H. BAKER, Chair