Bill Text: HI SB2695 | 2010 | Regular Session | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Transfer of Non-general Funds

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Engrossed - Dead) 2010-04-20 - (H) Conference Committee Meeting will reconvene on Thursday 04-22-10 11:00AM in conference room 309. [SB2695 Detail]

Download: Hawaii-2010-SB2695-Amended.html

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STAND. COM. REP. NO. 2341

 

Honolulu, Hawaii

                  

 

RE:    S.B. No. 2695

       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. 2695 entitled:

 

"A BILL FOR AN ACT RELATING TO NON-GENERAL FUNDS,"

 

begs leave to report as follows:

 

     The purpose of this measure is to address the fiscal year 2009-2010 budget shortfall by transferring to the general fund a total of $10,000,000 in excess balances from certain non-general funds.

 

     Specifically, this measure transfers to the general fund:

 

     (1)  $5,000,000 from the wireless enhanced 911 fund;

 

     (2)  $500,000 from the state motor pool revolving fund;

 

(3)  $1,000,000 from the state risk management revolving fund;

 

(4)  $1,500,000 from the medicaid investigations recovery fund; and

 

(5)  $2,000,000 from the University of Hawaii housing assistance revolving fund.

 

     Testimony in support of this measure was submitted by a state agency.  The University of Hawaii, three county agencies, and three organizations submitted testimony in opposition.  One organization offered comments.  Written testimony presented to the Committee may be reviewed on the Legislature's website.

 

     Upon further consideration, your Committee has amended this measure by changing all dollar amounts to unspecified amounts to promote additional discussion.

 

     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. 2695, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 2695, 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