STAND. COM. REP. NO. 1590
Honolulu, Hawaii
, 2013
RE: S.B. No. 1388
S.D. 2
H.D. 2
Honorable Joseph M. Souki
Speaker, House of Representatives
Twenty-Seventh State Legislature
Regular Session of 2013
State of Hawaii
Sir:
Your Committee on Finance, to which was referred S.B. No. 1388, S.D. 2, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO THE RESEARCH CORPORATION OF THE UNIVERSITY OF HAWAII,"
begs leave to report as follows:
(1) Amending the composition of the Research Corporation's Board of Directors;
(2) Exempting the Research Corporation from the Procurement Code for certain specified construction contracts;
(3) Removing the President of the University of Hawaii as President of the Research Corporation; and
(4) Limiting the salary of the Research Corporation's Executive Director to no more than two times the salary of the highest paid head of an Executive Branch department.
Your Committee has amended this measure by:
(1) Changing its effective date to July 1, 2030, to encourage further discussion; and
(2) Making technical, nonsubstantive amendments for clarity and style.
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. 1388, S.D. 2, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 1388, S.D. 2, H.D. 2.
Respectfully submitted on behalf of the members of the Committee on Finance,
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____________________________ SYLVIA LUKE, Chair |
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