STAND. COM. REP. NO.  1811

Honolulu, Hawaii

                , 2009

RE:   H.C.R. No. 193

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fifth State Legislature

Regular Session of 2009

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.C.R. No. 193 entitled:

"HOUSE CONCURRENT RESOLUTION ACCEPTING FUNDS PROVIDED TO THE STATE OF HAWAII BY THE AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009 AND ESTABLISHING THE FEDERAL ECONOMIC STIMULUS PROGRAM OVERSIGHT COMMISSION,"

begs leave to report as follows:

     The purpose of this concurrent resolution is to accept all funds provided to the State of Hawaii by the American Recovery and Reinvestment Act of 2009, and to establish a legislative federal economic stimulus program oversight commission.

     The Department of Education supported this concurrent resolution.

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee concurs with the intent and purpose of H.C.R. No. 193 and recommends its adoption.

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

____________________________

MARCUS R. OSHIRO, Chair