STAND. COM. REP. NO.493-02

Honolulu, Hawaii

, 2002

RE: H.B. No. 2195

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2002

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 2195 entitled:

"A BILL FOR AN ACT RELATING TO HAWAII TOURISM AUTHORITY,"

begs leave to report as follows:

The purpose of this bill is to limit the salary level used in calculating the average final compensation of the Executive Director of the Hawaii Tourism Authority (HTA), for retirement purposes, to the level set for state department heads in section 26-52(3), Hawaii Revised Statutes. This bill would be retroactive to January 18, 2002.

The HTA testified in support of this measure.

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. 2195 and recommends that it pass Third Reading.

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

 

____________________________

DWIGHT Y. TAKAMINE, Chair