STAND. COM. REP. NO.  767-10

 

Honolulu, Hawaii

                , 2010

 

RE:   S.B. No. 2831

      S.D. 1

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fifth State Legislature

Regular Session of 2010

State of Hawaii

 

Sir:

 

     Your Committee on Economic Revitalization, Business, & Military Affairs, to which was referred S.B. No. 2831, S.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO THE PROCUREMENT CODE,"

 

begs leave to report as follows:

 

     The purpose of this bill is to make permanent the requirements for withholding payment to a subcontractor effectuated by Act 175, Session Laws of Hawaii 2009.

 

     The State Procurement Office, General Contractors Association of Hawaii, Ralph S. Inouye Co. Ltd., and Building Industry Association of Hawaii testified in support of this bill.

 

     As affirmed by the record of votes of the members of your Committee on Economic Revitalization, Business, & Military Affairs that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2831, S.D. 1, 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 Economic Revitalization, Business, & Military Affairs,

 

 

 

 

____________________________

ANGUS L.K. MCKELVEY, Chair