STAND. COM. REP. NO.  746

Honolulu, Hawaii

                , 2011

RE:   H.B. No. 775

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No. 775 entitled:

"A BILL FOR AN ACT RELATING TO THE PHOTO ENFORCEMENT REVOLVING FUND,"

begs leave to report as follows:

     The purpose of this bill is to assist the State in meeting its budgetary needs by requiring funds in the defunct Photo Enforcement Revolving Fund to be transferred to the general fund.

     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 H.B. No. 775 and recommends that it pass Third Reading.

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

____________________________

MARCUS R. OSHIRO, Chair