THE SENATE
THE TWENTY-SEVENTH LEGISLATURE
REGULAR SESSION OF 2013
COMMITTEE
ON JUDICIARY AND LABOR
Senator Clayton Hee, Chair
Senator Maile S.L. Shimabukuro, Vice-Chair
COMMITTEE
ON WAYS AND MEANS
Senator David Y. Ige, Chair
Senator Michelle N. Kidani, Vice-Chair
MEASURES DEFERRED TO FRIDAY, FEBRUARY 22, 2013
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DATE:
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Friday, February 22, 2013
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TIME:
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11:00 AM
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PLACE:
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Conference Room 211
State Capitol
415 South Beretania Street
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DECISION MAKING ON THE
FOLLOWING MEASURE(S):
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SB1272
Status and Testimony
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RELATING TO EMPLOYMENT SECURITY.
Sets, for calendar year 2013, the employer contribution rate at schedule F.
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JDL/WAM
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SB946
Status and Testimony
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RELATING TO RESOLVING THE UNFUNDED LIABILITIES OF THE STATE
AND THE COUNTIES.
Requires the EUTF to establish a separate trust fund for public employer
contributions with separate accounts for the state public employer and for
each county public employer. Requires the annual public employer
contribution to be equal to the annual required public employer contribution,
to be determined by an actuary commencing with FY 2018-2019. Requires the
use of a portion of the general excise tax revenues to supplement deficient
state public employer contribution amounts commencing with FY 2018-2019.
Requires the use of a portion of the transient accommodations tax revenues to
supplement deficient county public employer contribution amounts commencing
with FY 2018-2019. Establishes a schedule to phase-in the annual required
state public employer contribution requirement. Requires the director of
finance to report to the legislature on an implementation plan to have both
the EUTF and the ERS jointly sharing investment information and services for
the benefit of the trust fund and to establish disbursement channels for
county public employer contributions into the trust fund.
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JDL/WAM
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No testimony will be accepted.
FOR AMENDED NOTICES: Measures that have been deleted are stricken through and
measures that have been added are underscored. If a measure is both
underscored and stricken through, that measure has been deleted from the
agenda.
FOR FURTHER INFORMATION, PLEASE CONTACT THE COMMITTEE CLERK AT 808-586-7330.