CONFERENCE COMMITTEE REP. NO. 148
Honolulu, Hawaii
, 2009
RE: S.B. No. 1674
S.D. 2
H.D. 2
C.D. 1
Honorable Colleen Hanabusa
President of the Senate
Twenty-Fifth State Legislature
Regular Session of 2009
State of Hawaii
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Fifth State Legislature
Regular Session of 2009
State of Hawaii
Madam and Sir:
Your Committee on Conference on the disagreeing vote of the Senate to the amendments proposed by the House of Representatives in S.B. No. 1674, S.D. 2, H.D. 2, entitled:
"A BILL FOR AN ACT RELATING TO THE UNIVERSITY OF HAWAII,"
having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.
The purpose of this Act is to:
(1) Increase the amount of the revenue bond proceeds authorized by Act 161, Session Laws of Hawaii 2007, from $100,000,000 to $250,000,000, to address the capital facility needs of the University of Hawaii;
(2) Extend the lapse date of the appropriation of revenue bond proceeds authorized by Act 161 to June 30, 2013; and
(3) Appropriate $150,000,000 out of the revenue bond proceeds, to lapse on June 30, 2015.
Your Committee on Conference finds that, while the increase in revenue bond authority will assist the University in addressing its capital facility needs, the current economic climate dictates a less substantial increase.
Your Committee on Conference has amended this measure accordingly, by reducing the increased amount from $150,000,000 to $100,000,000
As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of S.B. No. 1674, S.D. 2, H.D. 2, as amended herein, and recommends that it pass Final Reading in the form attached hereto as S.B. No. 1674, S.D. 2, H.D. 2, C.D. 1.
Respectfully submitted on behalf of the managers:
ON THE PART OF THE HOUSE |
|
ON THE PART OF THE SENATE |
____________________________ JERRY L. CHANG, Co-Chair |
|
____________________________ JILL TOKUDA, Chair |
____________________________ MARCUS R. OSHIRO, Co-Chair |
|
____________________________ DONNA MERCADO KIM, Co-Chair |
|
|
|
|
|
|