STAND. COM. REP. NO.  846-16

Honolulu, Hawaii

                , 2016

RE:   H.B. No. 2317

      H.D. 1

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2016

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No. 2317 entitled:

"A BILL FOR AN ACT MAKING AN APPROPRIATION TO THE EMERGENCY AND BUDGET RESERVE FUND,"

begs leave to report as follows:

The purpose of this measure is to appropriate funds for fiscal year 2016-2017 to be deposited into the Emergency and Budget Reserve Fund.

The Department of Budget and Finance supported this measure.

     Your Committee has amended this measure by:

     (1)  Removing the findings and purpose provision;   

     (2)  Changing the appropriation to the Emergency and Budget Reserve Fund to an unspecified amount; and

     (3)  Making technical, nonsubstantive changes for 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. 2317, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 2317, H.D. 1, and be placed on the calendar for Third Reading.

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

____________________________

SYLVIA LUKE, Chair