STAND. COM. REP. NO.  782-12

 

Honolulu, Hawaii

                , 2012

 

RE:   H.B. No. 2106

      H.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2012

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 2106 entitled:

 

"A BILL FOR AN ACT RELATING TO STUDENT ACTIVITY FUNDS,"

 

begs leave to report as follows:

 

     The purpose of this measure is to help alleviate the administrative burden upon public schools by allowing schools to claim student activity funds left in the school by a graduating class immediately after the graduation of the class rather than five years after the class graduates or upon a donation by the class within that five-year period.

 

     The Department of Education supported this measure.

 

     Your Committee has amended this measure by clarifying that student activity funds left in the school's non-appropriated local school fund account will be available to the school for general school needs.

 

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2106, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2106, H.D. 1.

 

Respectfully submitted on behalf of the members of the Committee on Finance,

 

 

		____________________________ MARCUS R. OSHIRO, Chair