CONFERENCE COMMITTEE REP. NO. 122-16
Honolulu, Hawaii
, 2016
RE: S.B. No. 2845
H.D. 1
C.D. 1
Honorable Ronald D. Kouchi
President of the Senate
Twenty-Eighth State Legislature
Regular Session of 2016
State of Hawaii
Honorable Joseph M. Souki
Speaker, House of Representatives
Twenty-Eighth State Legislature
Regular Session of 2016
State of Hawaii
Sirs:
Your Committee on Conference on the disagreeing vote of the Senate to the amendments proposed by the House of Representatives in S.B. No. 2845, H.D. 1, entitled:
"A BILL FOR AN ACT MAKING APPROPRIATIONS TO REPAY GENERAL FUND CASH ADVANCES,"
having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.
The purpose of this measure is to appropriate general funds for fiscal year 2016-2017 to repay prior general fund cash advances for:
(1) The purchase of lands of the former Kapalama Military Reservation; and
(2) The Hawaii Health Systems Corporation for its employer contributions to the Employees' Retirement System and the Hawaii Employer-Union Health Benefits Trust Fund.
Your Committee on Conference finds that that the State's general fund balance currently reflects repayments for two cash advances totaling $103,200,000 that have not been repaid: An $89,900,000 cash advance authorized in 1989 for the purchase of lands of the former Kapalama Military Reservation; and a $13,300,000 cash advance made in fiscal year 2002-2003 for Hawaii Health Systems Corporation contributions to the Employees' Retirement System and to the Hawaii Employer-Union Health Benefits Trust Fund.
Thus, the assets and liabilities of the general fund are currently overstated by $103,200,000, and it appears unlikely that these cash advances will be repaid.
Your Committee on Conference further finds that appropriating moneys to formally reconcile these general fund cash advances will more accurately reflect the general fund balance and actual resources available to finance state programs and expenses.
Your Committee on Conference has amended this measure by:
(1) Changing the appropriation amount for the purchase of lands of the former Kapalama Military Reservation from an unspecified amount to $89,900,000; and
(2) Changing the appropriation amount for the Hawaii Health Systems Corporation from an unspecified amount to $13,300,000.
As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of S.B. No. 2845, H.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as S.B. No. 2845, H.D. 1, C.D. 1.
Respectfully submitted on behalf of the managers:
ON THE PART OF THE HOUSE |
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ON THE PART OF THE SENATE |
____________________________ SYLVIA LUKE, Chair |
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____________________________ JILL N. TOKUDA, Chair |
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