STAND. COM. REP. NO.  1485-16

Honolulu, Hawaii

                , 2016

RE:   S.B. No. 2845

      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 S.B. No. 2845 entitled:

"A BILL FOR AN ACT MAKING APPROPRIATIONS TO REPAY GENERAL FUND CASH ADVANCES,"

begs leave to report as follows:

The purpose of this measure is to appropriate general funds for fiscal year 2016-2017 to repay prior general fund cash advances of:

     (1)  $89,900,000 for the purchase of lands of the former Kapalama Military Reservation; and

     (2)  $13,300,000 for the Hawaii Health Systems Corporation for its employer contributions to the Employees' Retirement System and the health fund.

The Department of Budget and Finance testified in support of this measure.  The Hawaii Health Systems Corporation provided comments.

     Your Committee has amended this measure by:

     (1)  Changing the appropriation amount for the purchase of lands of the former Kapalama Military Reservation from $89,900,000 to an unspecified amount;

     (2)  Changing the appropriation amount for the Hawaii Health Systems Corporation from $13,300,000 to an unspecified amount; and

     (3)  Making technical, nonsubstantive amendments 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 S.B. No. 2845, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 2845, 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