STAND. COM. REP. NO. 823

Honolulu, Hawaii

RE: S.B. No. 934

S.D. 2

Honorable Ronald D. Kouchi

President of the Senate

Thirty-Third State Legislature

Regular Session of 2025

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred S.B. No. 934, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE STATE BUDGET,"

begs leave to report as follows:

The purpose and intent of this measure is to appropriate moneys to the Department of Budget and Finance for fiscal year 2025-2026 to increase the mass transit special fund expenditure ceiling.

Your Committee received comments on this measure from the Department of Budget and Finance.

Your Committee finds that the current special fund ceiling for the mass transit special fund has produced carry-over balances, impacting the use of funds by the Department of Budget and Finance in the subsequent fiscal year. Your Committee finds that the appropriation in this measure will enable the Department to make necessary disbursements.

Your Committee has amended this measure by:

(1) Adding certain requirements for the City and County of Honolulu to meet before accessing the appropriated funds;

(2) Changing the appropriation to an unspecified sum; and

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

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. 934, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 934, S.D. 2, and be placed on the calendar for Third Reading.

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

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DONOVAN M. DELA CRUZ, Chair