STAND. COM. REP. 38

Honolulu, Hawaii

, 2003

RE: H.B. No. 320

H.D. 1

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Higher Education, to which was referred H.B. No. 320 entitled:

"A BILL FOR AN ACT RELATING TO RISK MANAGEMENT,"

begs leave to report as follows:

The purpose of this bill is to:

(1) Create the University of Hawaii (UH) Risk Management Special Fund (Special Fund);

(2) Authorize UH to indemnify individuals, corporations, and other entities to secure research and other funds for educational purposes; and

(3) Appropriate funds to and authorize the expenditure of moneys from the Special Fund.

The UH Professional Assembly submitted testimony in support of this bill. UH submitted testimony in support of this bill with proposed amendments. The Department of Budget and Finance submitted testimony in opposition to this bill.

Your Committee finds that in recent years UH has become responsible for paying for settlements and judgments against UH. Because of this, UH has established a risk management program to purchase insurance and establishing self-insurance. This bill provides the statutory framework and authority to fully implement an effective risk management program.

Upon further consideration, your Committee has amended this bill by deleting its contents and inserting the provisions of H.B. No. 1240, which is substantially similar to this bill but does not appropriate moneys into the Special Fund. Your Committee has further amended this bill by making technical, nonsubstantive changes for purposes of style and clarity.

As affirmed by the record of votes of the members of your Committee on Higher Education that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 320, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 320, H.D. 1, and be referred to the Committee on Judiciary.

Respectfully submitted on behalf of the members of the Committee on Higher Education,

 

____________________________

K. MARK TAKAI, Chair