STAND. COM. REP. NO.  1032-14

Honolulu, Hawaii

                , 2014

RE:   S.B. No. 2431

      S.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 Tourism, to which was referred S.B. No. 2431, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE HAWAII TOURISM AUTHORITY,"

begs leave to report as follows:

The purpose of this measure is to enhance the operational effectiveness and efficiency of the Hawaii Tourism Authority (Authority) by making permanent the provisions of Act 58, Session Laws of Hawaii 2004 that:

     (1)  Exempts the Authority from the supervision of accounts by the Comptroller;

     (2)  Allows the Comptroller to request the Authority to provide information when preparing the Comptroller's annual publication of statements;

     (3)  Subjects the Authority to accounting form requirements only with respect to uniform business and accounting forms of statewide use in the State's accounting system;

     (4)  Makes the Authority's Executive Director subject to the State's pension and retirement systems and adjusts the Executive Director's compensation package; and

     (5)  Allows interest and revenues or receipts derived by the Authority from any project or project agreements to be deposited into the Tourism Special Fund.

The Hawaii Tourism Authority supported this measure.

     As affirmed by the record of votes of the members of your Committee on Tourism that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2431, S.D. 1, and recommends that it pass Second Reading and be referred to the Committee on Finance.

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

____________________________

TOM BROWER, Chair