STAND. COM. REP. NO.  991-14

Honolulu, Hawaii

                , 2014

RE:   S.B. No. 2682

      S.D. 1

      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 Consumer Protection & Commerce, to which was referred S.B. No. 2682, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO FINANCIAL DISCLOSURE STATEMENTS,"

begs leave to report as follows:

The purpose of this measure is to require the financial disclosure statements of the commissioners of the Public Utilities Commission to be made available for public inspection and duplication.

The Hawaii State Ethics Commission and Life of the Land testified in support of this measure.  The Public Utilities Commission provided comments on this measure.

     Your Committee has amended this measure by:

     (1)  Including members of the Board of Regents of the University of Hawaii and certain other State boards, agencies, and commissions to the list of those whose financial disclosure statements shall be made available for public inspection and duplication; 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 Consumer Protection & Commerce that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2682, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 2682, S.D. 1, H.D. 1, and be referred to the Committee on Judiciary.

Respectfully submitted on behalf of the members of the Committee on Consumer Protection & Commerce,

____________________________

ANGUS L.K. McKELVEY, Chair