STAND. COM. REP. NO.  813-08

Honolulu, Hawaii

                , 2008

RE:   H.B. No. 2145

      H.D. 1

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2008

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No. 2145, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO UNCLAIMED PROPERTY,"

begs leave to report as follows:

     The purpose of this bill is to allow claimants of unclaimed property held by the State to assert ownership through a notarized affidavit signed under penalty of perjury if the claimant is unable to present documentation of ownership requested by the State.

     The Department of Budget and Finance opposed this bill, and the State Attorney General offered comments.

     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 H.B. No. 2145, H.D. 1, and recommends that it pass Third Reading.

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

____________________________

MARCUS R. OSHIRO, Chair