STAND. COM. REP. NO. 798

Honolulu, Hawaii

, 2019

RE: H.B. No. 121

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirtieth State Legislature

Regular Session of 2019

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 121 entitled:

"A BILL FOR AN ACT RELATED TO NON-GENERAL FUNDS,"

begs leave to report as follows:

The purpose of this measure is to repeal and abolish certain non-general funds and accounts pursuant to the Auditor's recommendations in Auditor's Report No. 18-21 and to transfer the unencumbered balances to the general fund.

The Department of Accounting and General Services supported this measure. The Tax Foundation of Hawaii provided comments.

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 H.B. No. 121 and recommends that it pass Second Reading and be placed on the calendar for Third Reading.

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

____________________________

SYLVIA LUKE, Chair