Bill Text: HI SB238 | 2012 | Regular Session | Amended

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Bill Title: University of Hawaii; Carryover of Funds

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Engrossed - Dead) 2011-12-01 - Carried over to 2012 Regular Session. [SB238 Detail]

Download: Hawaii-2012-SB238-Amended.html

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STAND. COM. REP. NO.  1060

 

Honolulu, Hawaii

                , 2011

 

RE:   S.B. No. 238

      S.D. 2

      H.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

 

Sir:

 

     Your Committee on Higher Education, to which was referred S.B. No. 238, S.D. 2, entitled:

 

"A BILL FOR AN ACT RELATING TO THE UNIVERSITY OF HAWAII,"

 

begs leave to report as follows:

 

     The purpose of this bill is to provide the University of Hawaii (UH) with increased financial flexibility by allowing UH to carry over an unspecified percentage of general funds appropriated, with certain exceptions, at the close of a fiscal year.

 

     UH supported this bill.  A concerned individual opposed this measure.

 

     Your Committee has amended this bill by:

 

     (1)  Specifying that UH may carry over up to five percent of general funds appropriated;

 

     (2)  Specifying that the retention of funds shall not be used as a basis, rather than as the sole basis, for reducing UH's future budget requirements;

     (3)  Amending the reporting requirements to include a report to the Director of Finance within 90 days after the close of each fiscal year that identifies the total amount of funds to be carried over, and requiring that a copy of this report be submitted to the Legislature;

 

     (4)  Changing its effective date to upon approval; and

 

     (5)  Making technical, nonsubstantive amendments for clarity, consistency, and style.

 

     As affirmed by the record of votes of the members of your Committee on Higher Education that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 238, S.D. 2, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 238, S.D. 2, H.D. 1, and be referred to the Committee on Finance.

 

Respectfully submitted on behalf of the members of the Committee on Higher Education,

 

 

		____________________________ SCOTT NISHIMOTO, Chair