STAND. COM. REP. NO. 1122

Honolulu, Hawaii

, 2021

RE: H.B. No. 200

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-First State Legislature

Regular Session of 2021

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 200 entitled:

"A BILL FOR AN ACT RELATING TO THE STATE BUDGET,"

begs leave to report as follows:

The purpose of this measure is to appropriate funds for the operating and capital improvement costs of the Executive Branch for fiscal year (FY) 2021-2022 and FY 2022-2023.

The Administration submitted an operating budget that totaled:

FY 2021-2022 FY 2022-2023

General Funds           $7,685,972,117   $7,798,266,153

All Means of Financing $15,416,743,597  $15,521,316,276

The Administration submitted a capital improvement budget that totaled:

FY 2021-2022 FY 2022-2023

General Obligation Bonds    $679,393,000     $512,128,000

All Means of Financing    $1,236,328,000   $1,116,254,000

Testimony received on this measure can be found at the Legislature's website at https://www.capitol.hawaii.gov/

Your Committee has amended this budget to appropriate the following in operating funds:

FY 2021-2022 FY 2022-2023

General Funds            $7,539,026,531   $7,633,229,840

American Rescue Plan Funds $532,031,661 $1,073,609,720

All Means of Financing $15,364,292,360  $15,997,626,345

Your Committee has further amended this budget to appropriate the following in capital improvement funds:

FY 2021-2022 FY 2022-2023

General Obligation Bonds    $693,017,000     $518,964,000

American Rescue Plan Funds $115,328,000 $-

All Means of Financing    $1,401,330,000   $1,122,590,000

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. 200, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 200, 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