STAND. COM. REP. NO.  724-14

Honolulu, Hawaii

                , 2014

RE:   H.B. No. 1069

      H.D. 1

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Seventh State Legislature

Regular Session of 2014

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No. 1069, H.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 make the University of Hawaii Board of Regent's authority to issue revenue bonds for the purpose of providing adequate parking structures and other facilities subject to legislature approval.

An individual testified in support of this measure.  The University of Hawaii testified in opposition of this measure.

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1069, H.D. 1, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

SYLVIA LUKE, Chair