STAND. COM. REP. NO. 1259

Honolulu, Hawaii

RE:    H.B. No. 762

       H.D. 2

       S.D. 1

Honorable Donna Mercado Kim

President of the Senate

Twenty-Seventh State Legislature

Regular Session of 2013

State of Hawaii

Madam:

     Your Committee on Ways and Means, to which was referred H.B. No. 762, H.D. 2, entitled:

"A BILL FOR AN ACT RELATING TO WASHINGTON PLACE,"

begs leave to report as follows:

     The purpose and intent of this measure is to establish the Washington Place trust fund for purposes of funding the repair, maintenance, and upkeep of Washington Place.

     This measure also establishes the Department of Accounting and General Services as the entity responsible for the administration and maintenance of Washington Place.

     The Department of Accounting and General Services submitted written comments in support of this measure.

     Your Committee finds that, under current law, any rent or revenue generated by the use of Washington Place is deposited into the general fund.  This measure provides that revenue from rentals, donations, and concessions at Washington Place shall be deposited into the Washington Place trust fund to fund the repair, maintenance, and upkeep of Washington Place.  Your Committee believes that this measure will assist the Department of Accounting and General Services in fulfilling its responsibilities for maintenance and upkeep of Washington Place.

     Your Committee has amended this measure by limiting the corpus of the fund to an unspecified amount.

     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 H.B. No. 762, H.D. 2, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 762, H.D. 2, S.D. 1.

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

____________________________

DAVID Y. IGE, Chair