STAND. COM. REP. NO.  1692

Honolulu, Hawaii

                , 2009

RE:   S.B. No. 389

      S.D. 1

      H.D. 2

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 S.B. No. 389, S.D. 1, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO CAPITAL IMPROVEMENT PROJECTS,"

begs leave to report as follows:

     The purpose of this bill is to ensure an efficient and fiscally responsible process for the allotment of capital improvement project funds. 

     Specifically, this bill directs the Legislative Reference Bureau (LRB) to review the Memorandum of Understanding (MOU) between the Department of Education (DOE) and the Department of Budget and Finance (B&F) for the allotment of capital improvement projects, with the goal of replicating the processes of the MOU for use by other state agencies.

     DOE, B&F, and LRB provided comments on this bill.

     Your Committee has amended this bill by changing the effective date to July 1, 2020, to encourage further discussion.

     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. 389, S.D. 1, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 389, S.D. 1, H.D. 2.

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

____________________________

MARCUS R. OSHIRO, Chair