STAND. COM. REP. NO. 438

Honolulu, Hawaii

, 2021

RE: H.B. No. 59

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 Economic Development, to which was referred H.B. No. 59 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, abolish, or reclassify various non-general funds of the Department of Business, Economic Development, and Tourism.

Your Committee received comments on this measure from the Department of Business, Economic Development, and Tourism; Hawaii State Energy Office; Hawaii Technology Development Corporation; and Tax Foundation of Hawaii.

Your Committee finds that this measure implements some of the recommendations made by the Auditor. Repealing funds that no longer serve their intended purpose or no longer have activity promotes transparency in government finances, increases budgetary flexibility, improves government efficiency, and enhances government accountability.

Your Committee has amended this measure by:

(1) Changing the effective date to July 1, 2050, to encourage further discussion; and

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

As affirmed by the record of votes of the members of your Committee on Economic Development that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 59, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 59, H.D. 1, and be referred to your Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Economic Development,

____________________________

SEAN QUINLAN, Chair