STAND. COM. REP. 777

Honolulu, Hawaii

, 2003

RE: H.B. No. 282

H.D. 2

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 282, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE AUDITOR,"

begs leave to report as follows:

The purpose of this bill is to ensure that audits of the departments, offices, and agencies of the State and its political subdivisions are conducted by an independent entity. Specifically, this bill:

(1) Enables the Office of the Auditor (Auditor) to conduct these audits;

(2) Provides a mechanism to preserve the State's ability to maximize the underwriting of the audits from nongeneral fund sources; and

(3) Establishes the Audit Revolving Fund (Revolving Fund) into which fees collected for conducting audits, legislative appropriations, and interest and investment earnings credited to the assets of the Revolving Fund shall be deposited.

The Auditor testified in support of this measure. The Policy Team of the Office of the Governor, Department of Education, Department of Budget and Finance, and Department of Accounting and General Services testified in opposition to this measure.

Your Committee has amended this measure by:

(1) Inserting language appropriating moneys from the general fund to be paid into the Revolving Fund to reflect audit costs paid from the general fund which are currently budgeted in the respective departments;

(2) Changing the appropriation amounts to $1 for purposes of furthering discussion; and

(3) Making technical, nonsubstantive amendments for 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. 282, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 282, H.D. 2.

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

 

____________________________

DWIGHT Y. TAKAMINE, Chair