STAND. COM. REP. NO. 640

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 590

       S.D. 1

 

 

 

Honorable Shan S. Tsutsui

President of the Senate

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

 

Sir:

 

     Your Committee on Ways and Means, to which was referred S.B. No. 590 entitled:

 

"A BILL FOR AN ACT RELATING TO THE LEGISLATIVE FEDERAL ECONOMIC STIMULUS PROGRAM OVERSIGHT COMMISSION,"

 

begs leave to report as follows:

 

     The purpose and intent of this measure is to extend the date on which the Legislative Federal Economic Stimulus Program Oversight Commission is terminated to December 31, 2011.

 

     Your Committee finds that this measure will assist the Commission in meeting the requirements of Act 150, Session Laws of Hawaii 2009, which established the Commission to ensure transparency and accountability for programs, services, and benefits of funds allocated to the State by the American Recovery and Reinvestment Act of 2009.

 

     Your Committee has amended this measure by changing the effective date to July 1, 2050, to facilitate further discussion on the issue.

 

     As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 590, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 590, S.D. 1.

 

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

 

 

 

____________________________

DAVID Y. IGE, Chair