STAND. COM. REP. NO. 2763

Honolulu, Hawaii

RE: S.B. No. 2778

S.D. 1

Honorable Ronald D. Kouchi

President of the Senate

Twenty-Ninth State Legislature

Regular Session of 2018

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred S.B. No. 2778 entitled:

"A BILL FOR AN ACT RELATING TO THE CHARGEABLE TRANSIENT QUARTERS REVOLVING FUND,"

begs leave to report as follows:

The purpose and intent of this measure is to establish a revolving fund administered by the Department of Defense to accept lodging fees.

Specifically, this measure establishes the chargeable transient quarters revolving fund to accept revenues from fees paid by United States Army National Guard, active duty, and reserve trainees and other occupants for use of transient quarters.

Your Committee received written comments in support of this measure from the Department of Defense.

Your Committee finds that revenues from billet fees are currently commingled with other funds in a trust account. Establishing a revolving fund to deposit the billet fee revenues will establish a better business and accounting practice for the Department of Defense.

Your Committee has amended this measure by:

(1) Changing the effective date to July 1, 2050, to facilitate further discussion on the measure; and

(2) Making technical nonsubstantive changes for purposes of clarity, consistency, and style.

As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2778, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2778, S.D. 1.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

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DONOVAN M. DELA CRUZ, Chair