STAND. COM. REP. NO.  327

 

Honolulu, Hawaii

                , 2007

 

RE:   H.B. No. 1428

      H.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2007

State of Hawaii

 

Sir:

 

     Your Committee on Transportation, to which was referred H.B. No. 1428 entitled:

 

"A BILL FOR AN ACT RELATING TO TRANSFERS FROM THE GENERAL FUND TO THE STATE HIGHWAY FUND,"

 

begs leave to report as follows:

 

     The purpose of this bill is to assist the Department of Transportation (DOT) in maintaining Hawaii's highways by transferring $36.4 million in general funds in fiscal year 2007-2008 and $36.4 million in general funds in fiscal year 2008-2009 to the State Highway Fund.

 

     DOT and the Hawaii Transportation Association testified in support of this bill.

 

     Currently, operational and project requirement costs exceed revenues being deposited into the State Highway Fund.  This appropriation will ensure that funding will be available to operate, maintain, and construct the state highway system for the fiscal biennium of 2007-2009.

 


     Your Committee has amended this measure by:

 

     (1)  Changing the appropriation to $1 to facilitate further discussion; and

 

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

 

     As affirmed by the record of votes of the members of your Committee on Transportation that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1428, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1428, H.D. 1, and be referred to the Committee on Finance.

 

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

 

 

 

 

____________________________

JOSEPH M. SOUKI, Chair