STAND. COM. REP. NO. 2979

Honolulu, Hawaii

RE:    H.B. No. 3037

Honorable Colleen Hanabusa

President of the Senate

Twenty-Fourth State Legislature

Regular Session of 2008

State of Hawaii

Madam:

     Your Committee on Ways and Means, to which was referred H.B. No. 3037 entitled:

"A BILL FOR AN ACT MAKING AN EMERGENCY APPROPRIATION FOR ELECTRICITY, SEWER, REFUSE, AND INSURANCE PREMIUM PAYMENTS,"

begs leave to report as follows:

     The purpose of this measure is to appropriate emergency funds for the Stadium Authority.

     Your Committee received testimony in support of this measure from the Department of Accounting and General Services.

     Your Committee finds that this measure will address the Stadium Authority's budget shortfall for electricity, sewer, refuse, and insurance premium expenses incurred during 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 H.B. No. 3037, 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