STAND. COM. REP. NO. 3212
Honolulu, Hawaii
RE: H.B. No. 2188
H.D. 1
S.D. 1
Honorable Donna Mercado Kim
President of the Senate
Twenty-Seventh State Legislature
Regular Session of 2014
State of Hawaii
Madam:
Your Committee on Ways and Means, to which was referred H.B. No. 2188, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO STATE FUNDS,"
begs leave to report as follows:
The purpose and intent of this measure is to repeal the Waialua loan and subsidy program, Kikala-Keokea housing revolving fund, and Kikala-Keokea infrastructure development fund.
Your Committee received written comments in support of this measure from the Hawaii Housing Finance and Development Corporation and the Department of Land and Natural Resources.
Your Committee finds that this measure will repeal certain funds and programs that have served their intended purpose and are no longer functional or necessary. Your Committee also finds that the State will be served more effectively if any moneys remaining in the Waialua loan and subsidy program, Kikala-Keokea housing revolving fund, and Kikala-Keokea infrastructure development fund are deposited into an active fund or to the credit of the general fund of the State.
Your Committee has amended this measure by:
(1) Changing an erroneous reference from "section 171-91.5" to "section 171-19.5";
(2) Changing the effective date to July 1, 2050, to facilitate further discussion on the measure; and
(3) Making a technical nonsubstantive amendment for the purposes of clarity, consistency, and style.
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. 2188, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2188, H.D. 1, S.D. 1.
Respectfully submitted on behalf of the members of the Committee on Ways and Means,
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____________________________ DAVID Y. IGE, Chair |
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