STAND. COM. REP. NO.  666

Honolulu, Hawaii

                , 2015

RE:   H.B. No. 487

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No. 487 entitled:

"A BILL FOR AN ACT RELATING TO A STATE-FUNDED COLLEGE GRANT PROGRAM,"

begs leave to report as follows:

The purpose of this measure is to establish a state-funded college grant program for eligible high school students called the Aloha Grant Program (Program) to be developed and administered by the Department of Education, and to appropriate funds for the development and administration of the Program.

The Associated Students of the University of Hawaii Executive Committee, Hawaii State Teachers Association, Americans for Democratic Action, and many individuals submitted testimony in support of this measure.  The Department of Education and a concerned individual provided comments.

     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. 487 and recommends that it pass Third Reading.

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

____________________________

SYLVIA LUKE, Chair