CONFERENCE COMMITTEE REP. NO. 142

Honolulu, Hawaii

                 , 2009

RE:    S.B. No. 292

       S.D. 1

       H.D. 1

       C.D. 1

Honorable Colleen Hanabusa

President of the Senate

Twenty-Fifth State Legislature

Regular Session of 2009

State of Hawaii

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fifth State Legislature

Regular Session of 2009

State of Hawaii

Madam and Sir:

     Your Committee on Conference on the disagreeing vote of the Senate to the amendments proposed by the House of Representatives in S.B. No. 292, S.D. 1, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO FUNDS,"

having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.

     The purpose of this measure is to reallocate funds from the Hawaii tobacco settlement special fund to the Department of Health, University of Hawaii revenue-undertakings fund, emergency and budget reserve fund, and the Hawaii tobacco prevention and control trust fund for two years.

     This measure also allocates additional money from the Hawaii tobacco settlement special fund to the general fund for two years.

     Upon further consideration, your Committee has made the following amendments to S.B. No. 292, S.D. 1, H.D. 1:

     (1)  Changing the amount appropriated into the emergency and budget reserve fund from twenty-four and one-half per cent to fifteen per cent;

     (2)  Changing the proposed amount appropriated into the Hawaii tobacco prevention and control trust fund from two per cent to six and one-half per cent;

     (3)  Restoring the amount appropriated into the University of Hawaii revenue-undertakings fund to twenty-eight per cent from the proposed twenty-three and one-half per cent;

     (4)  Changing the amount deposited to the credit of the state general fund from twenty-five per cent to twenty-five and one-half per cent; and

     (5)  Changing the repeal date to June 30, 2015.

     As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of S.B. No. 292, S.D. 1, H.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as S.B. No. 292, S.D. 1, H.D. 1, C.D. 1.

Respectfully submitted on behalf of the managers:

ON THE PART OF THE HOUSE

ON THE PART OF THE SENATE

____________________________ MARCUS R. OSHIRO, Chair	____________________________ DONNA MERCADO KIM, Chair
	____________________________ DAVID Y. IGE, Co-Chair