Bill Text: HI SB2268 | 2010 | Regular Session | Amended

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Bill Title: Special Funds; Review; Auditor

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Engrossed - Dead) 2010-03-03 - (H) Referred to LMG, FIN, referral sheet 33 [SB2268 Detail]

Download: Hawaii-2010-SB2268-Amended.html

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STAND. COM. REP. NO. 2349

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 2268

       S.D. 1

 

 

 

Honorable Colleen Hanabusa

President of the Senate

Twenty-Fifth State Legislature

Regular Session of 2010

State of Hawaii

 

Madam:

 

     Your Committee on Ways and Means, to which was referred S.B. No. 2268 entitled:

 

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

 

begs leave to report as follows:

 

     The purpose of this measure is to include special funds in the State Auditor's review of revolving and trust funds.

 

     Your Committee received testimony in support of this measure from a state agency, a private organization, and a concerned citizen.  A private organization submitted comments.  Written testimony presented to the Committee may be reviewed on the Legislature's website.

 

     Your Committee finds that the state operating budget contains numerous special funds dedicated for specific purposes.  Your Committee believes that the proposed measure will better ensure that existing special funds continue to:

 

     (1)  Serve the particular purpose for which the fund was originally established;

 

     (2)  Reflect a clear link between the benefit sought and charges made upon the users or beneficiaries of the program;

 

     (3)  Provide an appropriate financing mechanism for the applicable program or operation; and

 

     (4)  Demonstrate the capacity to be financially self-sustaining.

 

     Your Committee has amended this measure by clarifying the beginning period of the respective review cycles for the special 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. 2268, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 2268, S.D. 1, and be placed on the calendar for Third Reading.

 

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

 

		____________________________ DONNA MERCADO KIM, Chair