HOUSE OF REPRESENTATIVES

THE TWENTY-FOURTH LEGISLATURE

REGULAR SESSION OF 2008

COMMITTEE ON FINANCE

Rep. Marcus R. Oshiro, Chair

Rep. Marilyn B. Lee, Vice Chair

Rep. Karen Leinani Awana	Rep. Sharon E. Har	Rep. Bob Nakasone	Rep. Kymberly Marcos Pine
Rep. Della Au Belatti	Rep. Jon Riki Karamatsu	Rep. Karl Rhoads	Rep. Gene Ward, Ph.D.
Rep. Tom Brower	Rep. Michael Y. Magaoay	Rep. Roland D. Sagum, III
Rep. Mele Carroll	Rep. Joey Manahan	Rep. James Kunane Tokioka
Rep. Faye P. Hanohano	Rep. John Mizuno	Rep. Colleen Rose Meyer

NOTICE OF HEARING

DATE:

Wednesday, March 26, 2008

TIME:

2:00 P.M.

PLACE:

Conference Room 308

State Capitol

415 South Beretania Street

A G E N D A # 4

MAKING AN APPROPRIATION FOR COLLECTIVE BARGAINING COST ITEMS.

Provides fund authorizations and appropriations for salary increases for unit 5 employees for fiscal year 2008-2009. Effective 07/01/2059

LAB, FIN

RELATING TO HEALTH.

Repeals the sunset date for voluntary employees' beneficiary association trusts pilot program established pursuant to Act 245, Session Laws of Hawaii 2005, as amended. Amends the voluntary employees' beneficiary association trust law to reflect permanent nature of the program.

LAB, FIN

RELATING TO THE EMPLOYEES' RETIREMENT SYSTEM.

Requires government employers to provide information to the ERS electronically. Provides for direct deposit of refunds and other lump sum payments. Clarifies that contributions for unpaid leaves are required for service credit. Conforms provision re compensation of ERS member on military leave to USERRA.

LAB, FIN

RELATING TO FEDERAL TAX QUALIFICATION OF THE EMPLOYEES' RETIREMENT SYSTEM.

Repeals the provisions that (1) make ERS membership by elective officers optional and (2) allow elective officers and judges to withdraw from ERS membership by nominally retiring even though they remain in office. Provides for service by retirants as elective officers without suspension of retirement benefits. Lifts the 75% retirement benefit ceiling for judges and elective officers.

LAB, FIN

RELATING TO EMPLOYMENT SECURITY.

Appropriates funds for fiscal year 2007-08 in Reed Act funds for work force investment boards and one-stop career centers on Oahu and the county of Hawaii.

LAB, FIN

RELATING TO CONTRACTOR SUSPENSION ON PUBLIC WORKS PROJECTS.

Suspends contractors found to be in violation of the public works procurement law for falsification of records or delaying an investigation under the wage and hour law.

LAB, FIN

RELATING TO PUBLIC WORKS.

Includes as public works, private construction contracts using public lands for commercial, for-profit activity. Effective 07/01/2059.

LAB/EDB, FIN

RELATING TO LABOR.

Clarifies the circumstances under which the governor may suspend statutes relating to wages and hours on public works projects.

LAB/PSM, FIN

DECISION MAKING TO FOLLOW

Persons wishing to offer comments should submit testimony at least 24 hours prior to the hearing with a transmittal cover indicating:

· Testifier's name with position/title and organization;

· The date and agenda no. of the hearing;

· Measure number;

· If you will be testifying in person or submitting written testimony only;

· The Committee the comments are directed to; and

· The number of copies the Committee is requesting.

While every effort will be made to copy, organize, and collate all testimony received, materials received on the day of the hearing or improperly identified or directed to the incorrect office, may be distributed to the Committee after the hearing.

Submit testimony in ONE of the following ways:

PAPER: 2 copies to Room 306 in the State Capitol. It is required that the copies be on one side of an 8½ " X 11" sheet;

FAX: For comments less than 5 pages in length, transmit to 586-6001 (Oahu) or 1-800-535-3859 (Neighbor Islands);

EMAIL: For comments less than 5 pages in length, transmit to FINtestimony@Capitol.hawaii.gov. Please include the measure number, date of hearing, and agenda no. in the subject line or click on the appropriate "Email Testimony" link above.

Testimony submitted will be placed on the Legislative Web site after the hearing adjourns. This public posting of testimony on the Web site should be considered when including personal information in your testimony.

If you require special assistance or auxiliary aids and/or services to participate in the House public hearing process (i.e., sign or foreign language interpreter or wheelchair accessibility), please contact the Committee Clerk at 586-6200 or email your request for an interpreter to HouseInterpreter@Capitol.hawaii.gov at least 24 hours prior to the hearing for arrangements. Prompt requests submitted help to ensure the availability of qualified individuals and appropriate accommodations.

Selected meetings are broadcast live. Check the current legislative broadcast schedule on the "Capitol TV" Web site at www.capitoltv.org OR call 550-8074.

________________________________________

Rep. Marcus R. Oshiro

Chair