STAND. COM. REP. NO.  138-10

Honolulu, Hawaii

                , 2010

RE:   H.B. No. 2641

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fifth State Legislature

Regular Session of 2010

State of Hawaii

Sir:

     Your Committee on Higher Education, to which was referred H.B. No. 2641 entitled:

"A BILL FOR AN ACT RELATING TO UNIVERSITY OF HAWAII PROJECTS,"

begs leave to report as follows:

     The purpose of this bill is to allow the University of Hawaii (UH) to continue with student housing improvement projects by extending the date on which unencumbered revenue bonds authorized in Act 138, Session Laws of Hawaii 2005, are scheduled to lapse.

     UH testified in support of this bill.

     As affirmed by the record of votes of the members of your Committee on Higher Education that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2641 and recommends that it pass Second Reading and be referred to the Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Higher Education,

____________________________

JERRY L. CHANG, Chair