STAND. COM. REP. NO.  1961-08

Honolulu, Hawaii

                , 2008

RE:   S.B. No. 2482

      S.D. 2

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 S.B. No. 2482, S.D. 2, entitled:

"A BILL FOR AN ACT RELATING TO THE HAWAI‘I INSTITUTE OF MARINE BIOLOGY,"

begs leave to report as follows:

     The purpose of this bill is to provide for the planning, design, and construction of a modern laboratory and office complex for the use of the Hawaii Institute of Marine Biology situated at Coconut Island in Kaneohe Bay by extending the lapse date of funds previously appropriated for this purpose.

     The University of Hawaii System testified in support of this bill.

     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 S.B. No. 2482, S.D. 2, and recommends that it pass Third Reading.

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

____________________________

MARCUS R. OSHIRO, Chair