STAND. COM. REP. NO.  848-14

Honolulu, Hawaii

                , 2014

RE:   H.B. No. 2598

      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. 2598 entitled:

"A BILL FOR AN ACT RELATING TO HAWAII 3R'S,"

begs leave to report as follows:

The purpose of this measure is to support public schools in Hawaii by:

     (1)  Renaming the Hawaii 3R's School Repair and Maintenance Fund as the Hawaii 3R's School Improvement Fund; and

     (2)  Requiring the transfer to the Fund of:

          (A)  Moneys received from the state income tax refund check-offs; and

          (B)  Any other moneys received by the Department of Education from grants and donations for school-level improvements and minor repairs and maintenance.  

The Department of Education, Hawaii 3R's, and Hawaiian Electric Company testified in support of this measure.

     Your Committee has amended this measure by:

     (1)  Changing the effective date to July 1, 2030, to encourage further discussion; and

     (2)  Making technical, nonsubstantive amendments for the purposes of clarity, consistency, and style.

     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. 2598, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2598, H.D. 1.

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

____________________________

SYLVIA LUKE, Chair