STAND. COM. REP. NO.  728

 

Honolulu, Hawaii

                , 2009

 

RE:   H.B. No. 1218

      H.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fifth State Legislature

Regular Session of 2009

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 1218 entitled:

 

"A BILL FOR AN ACT RELATING TO CAPITAL IMPROVEMENT PROJECTS,"

 

begs leave to report as follows:

 

     The purpose of this bill is to appropriate $50,000,000 in general obligation bond funds for state capital improvement projects within each county with the requirement that each relevant county appropriate an equal amount for county capital improvement projects.

 

     A member of the Maui County Council provided comments on this measure.

 

     Your Committee has amended this bill by:

 

(1)  Removing the amount of general obligation bonds authorized and appropriated for state capital improvement projects; and

 

(2)  Changing the effective date to July 1, 2020, to encourage further discussion.


 

     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. 1218, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1218, H.D. 1, and be placed on the calendar for Third Reading.

 

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

 

 

 

 

____________________________

MARCUS R. OSHIRO, Chair