Bill Text: HI SB1298 | 2013 | Regular Session | Amended

---

Bill Title: Six-Year Program and Financial Plan; Operating Costs for Capital Improvements

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Engrossed - Dead) 2013-04-23 - Conference committee meeting to reconvene on 04-25-13 3:00PM in conference room 309. [SB1298 Detail]

Download: Hawaii-2013-SB1298-Amended.html

---

 

 

STAND. COM. REP. NO. 464

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 1298

 

 

 

Honorable Donna Mercado Kim

President of the Senate

Twenty-Seventh State Legislature

Regular Session of 2013

State of Hawaii

 

Madam:

 

     Your Committee on Ways and Means, to which was referred S.B. No. 1298 entitled:

 

"A BILL FOR AN ACT RELATING TO STATE FINANCIAL ADMINISTRATION,"

 

begs leave to report as follows:

 

     The purpose and intent of this measure is to require that projected operating costs of all capital improvements be included in the six-year program and financial plan.

 

     Your Committee received comments on this measure from the Department of Budget and Finance.

 

     Your Committee finds that the projected costs of many capital improvement projects do not include projected operating costs.  This lack of critical information detrimentally affects the Legislature's decision making process.  This measure would require the inclusion of projected operating costs for all capital improvements in the six-year program and financial plan, permitting improved financial planning and stewardship of state funds.

 

     As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1298 and recommends that it pass Second Reading and be placed on the calendar for Third Reading.

 

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

 

		____________________________ DAVID Y. IGE, Chair