STAND. COM. REP. NO. 3893

Honolulu, Hawaii

RE: H.B. No. 1147

S.D. 1

Honorable Ronald D. Kouchi

President of the Senate

Thirty-First State Legislature

Regular Session of 2022

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred H.B. No. 1147 entitled:

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

begs leave to report as follows:

The purpose and intent of this measure is to appropriate moneys for the capital improvement project costs of the State for the fiscal biennium 2021-2023.

Your Committee received no written comments on this measure.

Your Committee finds that by appropriating moneys for the State's capital improvement project costs, this measure provides an opportunity to invest in the State's infrastructure while remaining fiscally prudent.

Your Committee has amended this measure by changing the effective date to July 1, 2050, to facilitate further discussion on the measure.

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 H.B. No. 1147, as amended herein, and recommends that it pass Second

Reading in the form attached hereto as H.B. No. 1147, S.D. 1, and be placed on the calendar for Third Reading.

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

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DONOVAN M. DELA CRUZ, Chair