STAND. COM. REP. 1441

Honolulu, Hawaii

, 2003

RE: S.B. No. 576

H.D. 2

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Finance, to which was referred S.B. No. 576, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE UNIVERSITY OF HAWAII,"

begs leave to report as follows:

The purpose of this bill is to enhance the University of Hawaii's (UH) flexibility in generating and expending funds while increasing accountability by:

(1) Allowing UH to use the UH Tuition and Fees Special Fund (Special Fund) to promote alumni activities; and

(2) Requiring UH to submit a report to the Legislature prior to the 2004 Regular Session regarding moneys expended or transferred from the Special Fund for the purposes of the UH Foundation and UH support fund.

The UH Foundation submitted testimony in support of this bill. UH submitted testimony in support of the intent of this bill.

Your Committee has 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 Finance that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 576, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 576, H.D. 2.

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

 

____________________________

DWIGHT Y. TAKAMINE, Chair