STAND. COM. REP. NO. 160

Honolulu, Hawaii

RE:    S.B. No. 248

       S.D. 1

Honorable Donna Mercado Kim

President of the Senate

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

Madam:

     Your Committee on Judiciary and Labor, to which was referred S.B. No. 248 entitled:

"A BILL FOR AN ACT RELATING TO TRUST FUNDS,"

begs leave to report as follows:

     The purpose and intent of this measure is to make the expenditure of trust funds for the compensation of public employees and contracts for services subject to appropriation and allotment.

     Your Committee received comments on this measure from the Department of Budget and Finance and the University of Hawaii System.

     Your Committee finds that testifiers expressed concern over how the provisions of this measure would be practically applied.  Further, your Committee expressed concern over the lack of testimony from other agencies tasked with administering trust funds.  Should your Committee on Ways and Means schedule this matter for further hearing, your Committee encourages other agencies to take that opportunity to offer comments or testimony on this measure.

     Your Committee has amended this measure by inserting an effective date of January 7, 2059, to encourage further discussion.

     As affirmed by the record of votes of the members of your Committee on Judiciary and Labor that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 248, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 248, S.D. 1, and be referred to the Committee on Ways and Means.

Respectfully submitted on behalf of the members of the Committee on Judiciary and Labor,

________________________________

GILBERT S.C. KEITH-AGARAN, Chair