STAND. COM. REP. NO. 2525

Honolulu, Hawaii

RE:    S.B. No. 2169

Honorable Shan S. Tsutsui

President of the Senate

Twenty-Sixth State Legislature

Regular Session of 2012

State of Hawaii

Sir:

     Your Committee on Ways and Means, to which was referred S.B. No. 2169 entitled:

"A BILL FOR AN ACT RELATING TO FUNDS,"

begs leave to report as follows:

     The purpose and intent of this measure is to address the recommendations of the Auditor in the "Study Regarding the Transfer of Non-General Funds to the General Fund", prepared pursuant to House Concurrent Resolution No. 166 of the Regular Session of 2011.

     Your Committee received testimony in opposition to this measure from the State of Hawaii- Office of the Auditor.

     Your Committee finds that this measure provides a vehicle for any recommendations of the Auditor, pursuant to House Concurrent Resolution No. 166 of the Regular Session of 2011, which requested the Office of the Auditor to identify non-general funds that can be transferred to the general fund as well as to propose legislation to implement any recommended transfers.

     Your Committee also finds that this measure should continue to move through the legislative process in order to ensure that a viable legislative vehicle remains available to insert any proposals the Auditor may provide at a future date during the 2012 Regular Session.

     As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2169, and recommends that it pass Second Reading and placed on the calendar for Third Reading.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

____________________________

DAVID Y. IGE, Chair