STAND. COM. REP. NO. 1203

Honolulu, Hawaii

, 2019

RE: H.B. No. 125

H.D. 1

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. 125 entitled:

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

begs leave to report as follows:

The purpose of this measure is to repeal and abolish various non-general funds and accounts of the Department of Land and Natural Resources and transfer the unencumbered balances to the general fund.

Sierra Club of Hawai‘i opposed this measure. The Department of Land and Natural Resources, Tax Foundation of Hawaii, and The Nature Conservancy of Hawaii provided comments.

Your Committee has amended this measure by:

(1) Deleting provisions that would have repealed the Natural Area Reserve Fund;

(2) Deleting provisions that would have repealed the administratively established seizure/forfeited property trust account; and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 H.B. No. 125, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 125, H.D. 1.

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

____________________________

SYLVIA LUKE, Chair