STAND. COM. REP. NO. 1000

Honolulu, Hawaii

RE:    S.B. No. 162

       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. 162 entitled:

"A BILL FOR AN ACT RELATING TO IOLANI PALACE,"

begs leave to report as follows:

     The purpose of this measure is to exempt the funds received by Iolani Palace from statutory standards and conditions related to grants and subsidies.

     Your Committee received comments in support of the measure from the Friends of Iolani Palace.  Comments in opposition to the measure were received from the Department of Land and Natural Resources.  The Office of Hawaiian Affairs submitted comments.

     Your Committee has amended this measure by inserting the official designation of the Friends of Iolani Palace as the State of Hawaii Museum of Monarchy History and specifying that qualifying standards and conditions for grants and subsidies in chapter 42F, Hawaii Revised Statutes, do not apply to funds received by the State of Hawaii Museum of Monarchy History.  Your Committee has also made technical nonsubstantive amendments for purposes of clarity and style.

     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. 162, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 162, S.D. 1.

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

____________________________

ROSALYN H. BAKER, Chair