STAND. COM. REP. NO.  1064

Honolulu, Hawaii

                , 2011

RE:   S.B. No. 809

      S.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. 809, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE UNIVERSITY OF HAWAII,"

begs leave to report as follows:

     The purpose of this measure is to provide the University of Hawaii (UH) with the flexibility necessary to obtain additional funding to continue to improve and maintain its facilities by authorizing UH to issue an unspecified amount in revenue bonds.

     UH supported this bill.

     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. 809, S.D. 1, 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 Higher Education,

____________________________

SCOTT NISHIMOTO, Chair