STAND. COM. REP. NO. 873

Honolulu, Hawaii

RE: S.B. No. 950

S.D. 1

Honorable Ronald D. Kouchi

President of the Senate

Thirty-First State Legislature

Regular Session of 2021

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred S.B. No. 950 entitled:

"A BILL FOR AN ACT RELATING TO THE HAWAII TOURISM AUTHORITY,"

begs leave to report as follows:

The purpose and intent of this measure is to require that the 3.5 percent cap on spending from the tourism special fund include all governance and employment expenses and organization-wide costs as administrative expenses.

The Hawaii Tourism Authority submitted written comments on the measure.

Your Committee finds that requiring the cap on spending from the tourism special fund to include all governance and employment expenses and organization-wide costs will help to conserve valuable public funds during this time of economic uncertainty.

Your Committee has amended this measure by:

(1) Changing the effective date to July 1, 2050, to facilitate further discussion on the measure; and

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

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. 950, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 950, S.D. 1.

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

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DONOVAN M. DELA CRUZ, Chair