STAND. COM. REP. NO. 1429-00

                                 Honolulu, Hawaii
                                                   , 2000

                                 RE: S.B. No. 278
                                     S.D. 2
                                     H.D. 1




Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Sir:

     Your Committee on Finance, to which was referred S.B. No.
278, S.D. 2, H.D. 1, entitled: 

     "A BILL FOR AN ACT RELATING TO HIGHER EDUCATION,"

begs leave to report as follows:

     The purpose of this bill is to change the composition of the
Board of Directors (Board) of the Research Corporation of the
University of Hawaii (RCUH) by:

     (1)  Reducing the number of members from the University of
          Hawaii (UH) Board of Regents from five to two;

     (2)  Adding two members who are either a UH dean or a vice
          president, who will be nominated by the UH President
          and selected by the Board of Regents to serve four-year
          terms; and

     (3)  Adding two members who are UH faculty, who will be
          nominated by the UH President and selected by the Board
          of Regents to serve four-year terms.

     UH and RCUH testified in support of the measure.

     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 S.B. No.
278, S.D. 2, H.D. 1 and recommends that it pass Third Reading.

 
 
                                 STAND. COM. REP. NO. 1429-00
                                 Page 2

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



                                   ______________________________
                                   DWIGHT Y. TAKAMINE, Chair