Bill Text: HI HB1043 | 2012 | Regular Session | Amended

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

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Bill Title: Balancing the State budget; Hawaii Hurricane Relief Fund; Appropriation

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Engrossed - Dead) 2011-12-01 - Carried over to 2012 Regular Session. [HB1043 Detail]

Download: Hawaii-2012-HB1043-Amended.html

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STAND. COM. REP. NO.  177

 

Honolulu, Hawaii

                , 2011

 

RE:   H.B. No. 1043

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

 

Sir:

 

     Your Committee on Consumer Protection & Commerce, to which was referred H.B. No. 1043 entitled:

 

"A BILL FOR AN ACT RELATING TO THE HAWAII HURRICANE RELIEF FUND,"

 

begs leave to report as follows:

 

     The purpose of this bill is to assist the State in meeting its financial obligations during one of the most challenging economic times it has ever faced and allow the State to balance its budget by appropriating an unspecified amount of funds from the Hawaii Hurricane Relief Fund to the General Fund.

 

     The Department of Budget and Finance supported this measure.  The Board of Directors of the Hawaii Hurricane Relief Fund and Hawaii Association of REALTORS testified in opposition to this bill.  The Department of Commerce and Consumer Affairs provided comments.

 

     As affirmed by the record of votes of the members of your Committee on Consumer Protection & Commerce that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1043 and recommends that it pass Second Reading and be referred to the Committee on Finance.

 

 

 

Respectfully submitted on behalf of the members of the Committee on Consumer Protection & Commerce,

 

 

		____________________________ ROBERT N. HERKES, Chair