STAND. COM. REP. NO.  1028

 

Honolulu, Hawaii

                , 2015

 

RE:   S.B. No. 158

      S.D. 1

      H.D. 1

 

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

 

Sir:

 

     Your Committee on Labor & Public Employment, to which was referred S.B. No. 158, S.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO THE BUDGET DOCUMENTS,"

 

begs leave to report as follows:

 

     The purpose of this measure is to require the six-year program and financial plan and budget documents to include information about pension and other post-employment benefit liabilities.  

 

     The Department of Budget and Finance commented on this measure.

 

     Your Committee has amended this measure by changing the effective date to July 1, 2115, to encourage further discussion.

 

     As affirmed by the record of votes of the members of your Committee on Labor & Public Employment that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 158, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 158, S.D. 1, H.D. 1, and be referred to the Committee on Finance.

 


Respectfully submitted on behalf of the members of the Committee on Labor & Public Employment,

 

 

 

 

____________________________

MARK M. NAKASHIMA, Chair