STAND. COM. REP. NO. 489
Honolulu, Hawaii
, 2009
RE: H.B. No. 954
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Fifth State Legislature
Regular Session of 2009
State of Hawaii
Sir:
Your Committee on Public Safety, to which was referred H.B. No. 954 entitled:
"A BILL FOR AN ACT RELATING TO A MAJOR DISASTER RESERVE TRUST FUND,"
begs leave to report as follows:
The purpose of this bill is to ensure that federal fund reimbursements for eligible disaster repair projects and disaster management costs received by the Department of Defense (DOD) are not subject to lapsing by requiring the Director of Finance to establish a major disaster reserve trust fund, including subaccounts for this trust fund and any other trust funds or accounts, where the federal fund reimbursements may be held for later use.
DOD supported this bill. The Department of Budget and Finance opposed this measure.
As affirmed by the record of votes of the members of your Committee on Public Safety that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 954 and recommends that it pass Second Reading and be referred to the Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Public Safety,
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____________________________ FAYE HANOHANO, Chair |
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