STAND. COM. REP. NO. 150-10
Honolulu, Hawaii
, 2010
RE: H.B. No. 2670
H.D. 1
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. 2670 entitled:
"A BILL FOR AN ACT RELATING TO THE UNIVERSITY OF HAWAII,"
begs leave to report as follows:
The purpose of this bill is to provide for the generation of more financial resources for the benefit of the State's public higher education system by removing the cap on the amount of expenditures that the University of Hawaii (UH) Board of Regents (BOR) can authorize from the UH Tuition and Fees Special Fund (Fund) for the purposes of promoting alumni relations and generating private donations.
The UH Foundation and UH Alumni Association testified in support of this bill. The UH System supported the intent of this measure. Several concerned individuals opposed this bill.
Your Committee has amended this bill by:
(1) Increasing, instead of removing, the cap on the maximum amount of expenditures that BOR can authorize from the Fund to $5,000,000; and
(2) Changing the effective date to July 1, 2050, to encourage further discussion.
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. 2670, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 2670, H.D. 1, 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 |
|
|
|