STAND. COM. REP. NO. 936-24

Honolulu, Hawaii

, 2024

RE: H.B. No. 1845

H.D. 2

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-Second State Legislature

Regular Session of 2024

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 1845, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO PARTIAL PUBLIC FINANCING OF ELECTIONS,"

begs leave to report as follows:

The purpose of this measure is to:

(1) Increase the amount of funds available to candidates who qualify to participate in the Partial Public Financing Program;

(2) Adjust the minimum amount of qualifying contributions certain candidates must receive to participate in the Partial Public Financing Program; and

(3) Increase the matching fund payments to candidates in the Partial Public Financing Program for excess qualifying contributions.

Your Committee received testimony in support of this measure from the Campaign Spending Commission and one individual. Your Committee received testimony in opposition to this measure from numerous individuals.

Your Committee has amended this measure by:

(1) Changing the amounts increased and adjusted and number of positions funded in this measure to unspecified amounts and an unspecified number; and

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

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 H.B. No. 1845, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 1845, H.D. 2.

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

____________________________

KYLE T. YAMASHITA, Chair