STAND. COM. REP. NO. 1415

Honolulu, Hawaii

, 2021

RE: S.B. No. 702

S.D. 2

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 Consumer Protection & Commerce, to which was referred S.B. No. 702, S.D. 2, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO EDUCATION FUNDING,"

begs leave to report as follows:

The purpose of this measure is to require the Committee on Weights to submit a report to the Legislature detailing any changes to the funding formula within thirty days of the posting of the Committee's final report indicating the approval of its recommended change to the funding formula.

Your Committee received comments on this measure from the Department of Education.

Your Committee finds that the Committee on Weights is responsible for developing the weighed student formula and any revisions to the formula to provide for the equitable distribution of funds to all Hawaii public schools. This measure will apprise the Legislature of revisions to the weighted student formula and help inform any related legislative actions.

As affirmed by the record of votes of the members of your Committee on Consumer Protection & Commerce that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 702, S.D. 2, H.D. 1, and recommends that it be referred to your Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Consumer Protection & Commerce,

____________________________

AARON LING JOHANSON, Chair