STAND. COM. REP. NO. 1944-22

Honolulu, Hawaii

, 2022

RE: S.B. No. 3090

S.D. 1

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-First State Legislature

Regular Session of 2022

State of Hawaii

Sir:

Your Committee on Finance, to which was referred S.B. No. 3090, S.D. 1, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO FEDERAL INDIRECT OVERHEAD REIMBURSEMENTS,"

begs leave to report as follows:

The purpose of this measure is to provide greater fiscal transparency by broadening the purposes for which indirect costs from federal grants incurred by the Department of Education, State Public Charter School Commission, or a charter school authorizer may be reimbursed.

Your Committee received testimony in support of this measure from the Department of Education.

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 S.B. No. 3090, S.D. 1, H.D. 1, and recommends that it pass Third Reading.

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

____________________________

SYLVIA LUKE, Chair