STAND. COM. REP. NO.  1473-16

Honolulu, Hawaii

                , 2016

RE:   S.B. No. 2971

      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. 2971, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE UNIVERSITY OF HAWAII,"

begs leave to report as follows:

The purpose of this measure is to address certain operations of the University of Hawaii System (University) to improve the efficiency of the University's performance by extending for another year the University's authorization to maintain a separate accounting and financial management system that is compatible with the State's accounting and financial systems and repealing the requirement for the University to submit an annual report on the development of the Construction Academy Program.

The Department of Accounting and General Services and University of Hawaii System provided comments on this measure.

     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. 2971, H.D. 1, and recommends that it pass Third Reading.

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

____________________________

SYLVIA LUKE, Chair