STAND. COM. REP. NO. 1104_______

                                 Honolulu, Hawaii
                                                   , 1999

                                 RE: H.B. No. 166
                                     H.D. 1

Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twentieth State Legislature
Regular Session of 1999
State of Hawaii


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


begs leave to report as follows:

     The purpose of this bill is to enable the public to
determine the source of a candidate's funds in a timely manner by
requiring that campaign contributions:

     (1)  In excess of $500; and

     (2)  Made or received during the period of fifteen days
          through three days prior to an election;

must be reported to the campaign spending commission or county
clerk no later than two days prior to the election.

     Common Cause Hawaii testified in support of this measure.
The Campaign Spending Commission and the League of Women Voters
of Hawaii testified in support of the intent of this measure.

     Your Committee has amended this measure by making technical,
nonsubstantive amendments for purposes of clarity and style.

     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.

                                 STAND. COM. REP. NO. 1104_______
                                 Page 2

166, as amended herein, and recommends that it pass Third Reading
in the form attached hereto as H.B. No. 166, H.D. 1.

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

                                   DWIGHT Y. TAKAMINE, Chair