STAND. COM. REP. NO. 2755

Honolulu, Hawaii

RE: S.B. No. 3090

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 S.B. No. 3090, S.D. 1, entitled:

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

begs leave to report as follows:

The purpose and intent of this measure is to provide greater fiscal transparency by making the reimbursement provisions in section 302A-1405, Hawaii Revised Statutes, applicable to all federal grants received by the Department of Education, State Public Charter School Commission, or a charter school authorizer.

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

Your Committee finds that amending the reimbursement provisions of the federal grants revolving fund and making the indirect costs from all federal grants available for deposit into the fund will facilitate better, more intentional, and more transparent use of the fund.

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