STAND. COM. REP. NO. 2193

Honolulu, Hawaii

RE:    S.B. No. 2431

Honorable Donna Mercado Kim

President of the Senate

Twenty-Seventh State Legislature

Regular Session of 2014

State of Hawaii

Madam:

     Your Committee on Tourism, to which was referred S.B. No. 2431 entitled:

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

begs leave to report as follows:

     The purpose and intent of this measure is to amend exceptions to the Hawaii Tourism Authority, under certain conditions, from the supervision of accounts by the Comptroller, requirements for publication of consolidated financial statements, and approval of business and accounting forms.

     Your Committee received testimony in support of this measure from the Hawaii Tourism Authority.

     Your Committee finds that Act 58, Session Laws of Hawaii 2004, was enacted to enhance the operational effectiveness and efficiency of the Hawaii Tourism Authority.  This measure will improve the efficiency of the Hawaii Tourism Authority's operations and allow the Authority to execute its financial transactions in a timely manner.

     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 and recommends that it pass Second Reading and be referred to the Committee on Ways and Means.

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

____________________________

GILBERT KAHELE, Chair