STAND. COM. REP. NO. 944

Honolulu, Hawaii

, 2025

RE: H.B. No. 1296

H.D. 1

Honorable Nadine K. Nakamura

Speaker, House of Representatives

Thirty-Third State Legislature

Regular Session of 2025

State of Hawaii

Madame:

Your Committee on Finance, to which was referred H.B. No. 1296, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE MAJOR DISASTER FUND,"

begs leave to report as follows:

The purpose of this measure is to establish timely notice and reporting requirements to the Legislature by the Governor regarding the allotment, transfer, or expenditure of monies in the Major Disaster Fund.

Your Committee received testimony in opposition to this measure from the Hawaiʻi Emergency Management Agency. Your Committee received comments on this measure from the Office of the Governor and Department of Budget and Finance.

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. 1296, H.D. 1, and recommends that it pass Third Reading.

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

____________________________

KYLE T. YAMASHITA, Chair