STAND. COM. REP. NO.  582-14

Honolulu, Hawaii

                , 2014

RE:   H.B. No. 1602

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. 1602 entitled:

"A BILL FOR AN ACT RELATING TO CAMPAIGN SPENDING,"

begs leave to report as follows:

The purpose of this measure is to increase transparency in campaign finance and eliminate a one-year gap in the reporting of campaign finances by requiring candidates and the treasurers of their candidate committees to file the January supplemental candidate committee report annually.

The Campaign Spending Commission and Common Cause Hawaii testified in support 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. 1602 and recommends that it pass Third Reading.

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

____________________________

SYLVIA LUKE, Chair