STAND. COM. REP. NO.  770

 

Honolulu, Hawaii

                , 2015

 

RE:   H.B. No. 541

      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 H.B. No. 541, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO THE UNIVERSITY OF HAWAII TUITION AND FEES SPECIAL FUND,"

 

begs leave to report as follows:

 

     The purpose of this measure is to strengthen fiscal accountability at the University of Hawaii by requiring:

 

(1)  Each campus of the University of Hawaii to prepare an operations plan for the fiscal year for the operation of each program that it is responsible for administering;

 

(2)  The moneys in the University of Hawaii Tuition and Fees Special Fund for each campus to lapse to the credit of Program Identification Number UH900 (University of Hawaii, system wide support) at the end of each fiscal year; and

 

(3)  The President and Vice President for Budget and Finance and Chief Financial Officer of the University of Hawaii to review operations plans for each campus to:

 

(A)  Determine if the operations plan for a campus meets certain criteria; and

 

(B)  Approve the operations plan, or modify or withhold the planned expenditures, depending on whether the criteria are met.

 

     The University of Hawaii System and many concerned individuals supported this measure.

 

     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 H.B. No. 541, H.D. 1, and recommends that it pass Third Reading.

 

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

 

 

 

 

____________________________

SYLVIA LUKE, Chair