STAND. COM. REP. NO.  1121-10

Honolulu, Hawaii

                , 2010

RE:   S.B. No. 2400

      S.D. 1

      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 Finance, to which was referred S.B. No. 2400, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO FUNDS,"

begs leave to report as follows:

     The purpose of this bill as received by your Committee is to correct a grammatical error in the title of section 37-46, Hawaii Revised Statutes, correctly referencing the general fund with regard to the transfer of non-general funds to the general fund.

     Your Committee circulated a proposed draft of this bill that replaced the substance of S.B. No. 2400, S.D. 1, with language that makes an emergency appropriation for the Office of Elections to support the 2010 special and regular elections.  Specifically, the proposed draft appropriates:

     (1)  $250,000 to support the functions of the Office of Elections and the Election Commission in the 2010 regular elections; and

     (2)  $140,000 for the Office of Elections to reimburse the City and County of Honolulu for the 2010 special election.

     The Office of Elections and Department of Budget and Finance supported the proposed draft of this bill.

     Your Committee has amended this bill by adopting the language in the proposed draft circulated prior to the public hearing.

     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. 2400, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 2400, S.D. 1, H.D. 1, and be placed on the calendar for Third Reading.

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

____________________________

MARCUS R. OSHIRO, Chair