THE SENATE

KA ‘AHA KENEKOA

THE THIRTY-SECOND LEGISLATURE

INTERIM OF 2023

COMMITTEE ON WAYS AND MEANS

Senator Donovan M. Dela Cruz, Chair

Senator Sharon Y. Moriwaki, Vice Chair

NOTICE OF INFORMATIONAL BRIEFING

DATE:	Tuesday, January 2, 2024
TIME:	10:00 AM
PLACE:	Conference Room 211 State Capitol 415 South Beretania Street

PHOTO ID REQUIRED FOR ENTRANCE TO THE STATE CAPITOL

BUILDING HOURS: 7AM TO 5PM, MONDAY - FRIDAY

A live stream of all Senate Standing Committee meetings will be available on the Senate YouTube Channel.

A G E N D A

Economic Outlook (Briefing Materials)

            Eugene X. Tian, Ph.D. – Economic Research Administrator, Research and Economic Analysis Division, Dept. of Business, Economic Development and Tourism

            Carl Bonham, Ph.D – Executive Director, University of Hawaii Economic Research Organization (UHERO) and Professor of Economics

Dr. Tian and Dr. Bonham will present the current and future economic outlook for the State of Hawaii and UHERO’s recently released Annual Hawaii forecast, respectively.

Administrative Financial Plan (Briefing Materials)

            Department of Budget and Finance

The Department of Budget & Finance will brief the Committee on the Administration's financial plan.

Revenue Collections and Projection (Briefing Materials)

            Department of Taxation

The Department of Taxation will brief the Committee on the General Fund revenue collections.

Department of Taxation (Briefing Materials)

Compliance                                                                                                            TAX 100

Tax Collection Services Office                                                                               TAX 103

Tax Services and Processing                                                                                 TAX 105

Supporting Services – Revenue Collection                                                               TAX 107

Department of Budget and Finance (Briefing Materials)

            Departmental Administration and Budget Division                                                    BUF 101

            Collective Bargaining – Statewide                                                                           BUF 102

            Vacation Payout Statewide                                                                                     BUF 103

            Financial Administration                                                                                         BUF 115

            Employees’ Retirement System                                                                              BUF 141

            Hawaii Employer Union Trust Fund                                                                         BUF 143

Office of the Public Defender                                                                        BUF 151

            Debt Service Payments - State                                                                     BUF 721

            Debt Service Payments - DOE                                                                      BUF 725

            Debt Service Payments - UH                                                                        BUF 728

            Retirement Benefits - State                                                                           BUF 741

            Retirement Benefits - DOE                                                                           BUF 745

            Retirement Benefits - UH                                                                              BUF 748

            Health Premium Payments - State                                                                BUF 761

            Health Premium Payments - ARC                                                                 BUF 762

            Health Premium Payments - DOE                                                                 BUF 765

            Health Premium Payments - UH                                                                   BUF 768

No public testimony will be accepted.

The cable TV broadcast and/or live stream of this meeting will include closed captioning. If you require other auxiliary aids or services to participate in the public hearing process (i.e., interpretive services (oral or written) or ASL interpreter), please contact the committee clerk at least 24 hours prior to the hearing so that arrangements can be made.

FOR AMENDED NOTICES:  Measures that have been deleted are stricken through and measures that have been added are underscored.  If a measure is both underscored and stricken through, that measure has been deleted from the agenda.

FOR FURTHER INFORMATION, PLEASE CALL THE COMMITTEE CLERK AT (808) 586-6800.

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Senator Donovan M. Dela Cruz

Chair

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Senator Ronald D. Kouchi

President of the Senate