STAND. COM. REP. NO.  1523

 

Honolulu, Hawaii

                , 2015

 

RE:   S.B. No. 254

      S.D. 1

      H.D. 1

 

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred S.B. No. 254, S.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO THE BUDGET,"

 

begs leave to report as follows:

 

     The purpose of this measure is to require the Director of Finance to include the estimated operational costs of proposed capital improvement projects, and deferred maintenance costs for state-owned buildings, facilities, and other improvements within each annual budget submitted to the Legislature.

 

     A concerned individual submitted testimony in support of this measure.  The Department of Budget and Finance provided comments.

 

     Your Committee has amended this measure by changing the effective date to July 1, 2030, to facilitate further discussion.

 

     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. 254, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 254, S.D. 1, H.D. 1, and be placed on the calendar for Third Reading.

 

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

 

 

 

 

____________________________

SYLVIA LUKE, Chair