STAND. COM. REP. NO.  23

Honolulu, Hawaii

                , 2011

RE:   H.B. No. 1058

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

Sir:

     Your Committee on Education, to which was referred H.B. No. 1058 entitled:

"A BILL FOR AN ACT RELATING TO CAPITAL INVESTMENTS,"

begs leave to report as follows:

     The purpose of this bill is to allow agencies increased flexibility and resources to upgrade, improve, and replace technology as necessary by including agency-wide technology and computer systems with an estimated useful life of greater than seven years as capital investments.

     The Department of Education supported this bill.

     As affirmed by the record of votes of the members of your Committee on Education that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1058 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 Education,

____________________________

ROY TAKUMI, Chair