STAND. COM. REP. NO. 702

Honolulu, Hawaii

, 2005

RE: H.B. No. 320

H.D. 1

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Third State Legislature

Regular Session of 2005

State of Hawaii

Sir:

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

"A BILL FOR AN ACT RELATING TO FINANCIAL DISCLOSURE STATEMENTS,"

begs leave to report as follows:

The purpose of this bill is to enhance the public's confidence in state officials and employees, by amending the financial interest disclosure law to include business and real property interests held outside of the state.

The Hawaii State Ethics Commission (Commission) and the League of Women Voters of Hawaii testified in support of this bill.

Your Committee finds that this measure will conform the financial disclosure law with the reporting requirements for public officials under Article XIV of the Hawaii State Constitution, which do not exclude interests located outside of the state. Furthermore, your Committee finds that all financial disclosures filed with the Commission should be made public.

Accordingly, your Committee has amended this bill by:

(1) Making all financial disclosure statements filed with the Commission public records available for inspection and duplication;

(2) Adding to the list of persons required to file annual financial disclosures with the Commission, any individual whose position requires the consent of the Senate; and

(3) Making technical, nonsubstantive amendments for clarity and style.

As affirmed by the record of votes of the members of your Committee on Judiciary 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 placed on the calendar for Third Reading.

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

 

____________________________

SYLVIA LUKE, Chair