STAND. COM. REP. NO. 246

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 648

       S.D. 1

 

 

 

Honorable Shan S. Tsutsui

President of the Senate

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

 

Sir:

 

     Your Committee on Commerce and Consumer Protection, to which was referred S.B. No. 648 entitled:

 

"A BILL FOR AN ACT RELATING TO SPECIAL FUNDS,"

 

begs leave to report as follows:

 

     The purpose and intent of this measure is to terminate certain funds outside of the state treasury for which the statutory authority has expired and to deposit the residual amounts left in each fund into the General Fund.

 

     Your Committee received comments on this measure from the Professional and Vocational Licensing Division of the Department of Commerce and Consumer Affairs.

 

     Your Committee finds that the funds terminated by this measure were established by statutes that have long since been repealed and the funds are effectively nonfunctional.  Your Committee further finds that the monies languishing in these funds are currently inaccessible for any purpose and will serve the State more effectively if they are made accessible through deposit into the General Fund.  Finally, your Committee notes that this measure is based upon findings and recommendations of the State Auditor contained in Report No. 10-09, "Review of Revolving Funds, Trust Funds, and Trust Accounts of the Judiciary and the Departments of Commerce and Consumer Affairs, Hawaiian Home Lands, Health, and Human Services".

 

     Your Committee has amended this measure by making a technical, nonsubstantive amendment for the purposes of clarity and consistency.

 

     As affirmed by the record of votes of the members of your Committee on Commerce and Consumer Protection that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 648, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 648, S.D. 1, and be referred to the Committee on Ways and Means.

 

Respectfully submitted on behalf of the members of the Committee on Commerce and Consumer Protection,

 

 

 

____________________________

ROSALYN H. BAKER, Chair