STAND

 

STAND. COM. REP. NO.870-02

Honolulu, Hawaii

, 2002

RE: S.B. No. 2100

S.D. 2

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2002

State of Hawaii

Sir:

Your Committee on Education, to which was referred S.B. No. 2100, S.D. 2, entitled:

"A BILL FOR AN ACT RELATING TO EDUCATION,"

begs leave to report as follows:

The purpose of this bill is to help prepare Hawaii's students to excel in an increasingly knowledge-based economy by authorizing the issuance of general obligation bonds, in the form of Qualified Zone Academy Bonds, to enable the Department of Education (DOE) to renovate and transform a former National Guard facility into a state-of-the-art technology enterprise that will feature virtual learning and serve as DOE's advanced-technology think tank.

DOE testified in support of the bill. The Department of Budget and Finance and Department of Taxation submitted comments on the measure.

As affirmed by the record of votes of the members of your Committee on Education that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2100, S.D. 2, 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 Education,

 

		____________________________ KEN ITO, Chair