STAND. COM. REP. NO.  738-10

Honolulu, Hawaii

                , 2010

RE:   S.B. No. 2386

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 S.B. No. 2386 entitled:

"A BILL FOR AN ACT RELATING TO THE UNIVERSITY OF HAWAII CAPITAL IMPROVEMENTS PROGRAM PROJECT ASSESSMENT SPECIAL FUND,"

begs leave to report as follows:

     The purpose of this bill is to establish the University of Hawaii Capital Improvements Program Project Assessment Special Fund to defray costs in carrying out, among other things, capital improvement projects.

     University of Hawaii System testified in support of this bill.  The Department of Budget and Finance provided comments.

     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 S.B. No. 2386 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