STAND. COM. REP. NO.  1066

Honolulu, Hawaii

                , 2011

RE:   S.B. No. 1331

      S.D. 2

      H.D. 1

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

Sir:

     Your Committee on Higher Education, to which was referred S.B. No. 1331, S.D. 2, 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 increased transparency with respect to special and revolving funds of the University of Hawaii (UH) by requiring UH to report projected cash flow and related estimates for those funds where unencumbered cash balances or cash deficits exceed an unspecified percentage of the previous fiscal year's expenditures.

     This measure also appropriates an unspecified amount for the completion and implementation of the Kuali financial system.

     UH supported this bill.

     Your Committee has amended this bill by:

     (1)  Removing the appropriation for the Kuali financial system; and

     (2)  Making technical, nonsubstantive amendments for clarity, consistency, and style.

     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. 1331, S.D. 2, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 1331, S.D. 2, H.D. 1, and be referred to the Committee on Finance.

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

____________________________

SCOTT NISHIMOTO, Chair