STAND. COM. REP. NO. 2733

Honolulu, Hawaii

RE:    S.B. No. 3125

       S.D. 2

Honorable Donna Mercado Kim

President of the Senate

Twenty-Seventh State Legislature

Regular Session of 2014

State of Hawaii

Madam:

     Your Committee on Ways and Means, to which was referred S.B. No. 3125, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE STATE FOUNDATION ON CULTURE AND THE ARTS,"

begs leave to report as follows:

     The purpose and intent of this measure is to require the State Auditor to conduct a financial and management audit of the State Foundation on Culture and the Arts.

     Your Committee received written comments in support of this measure from the Department of Accounting and General Services.

     Your Committee finds that a financial and management audit of the State Foundation on Culture and the Arts is necessary to ensure transparency and accountability.  The State Foundation on Culture and the Arts is responsible for the preservation and furtherance of many of Hawaii's historical and cultural arts.  Your Committee believes that the findings and recommendations of a financial and management audit will help the State Foundation on Culture and the Arts pinpoint weaknesses and areas in need of improvement so that it may fulfill its purpose and mission of promoting, perpetuating, preserving, and encouraging culture and the arts, history, and the humanities as central to the quality of life of the people of Hawaii.

     Your Committee has amended this measure by:

(1)  Changing the effective date to July 1, 2050, to facilitate further discussion on the measure; and

(2)  Making technical nonsubstantive amendments for the purposes of clarity, consistency, and style.

     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. 3125, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 3125, S.D. 2.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

____________________________

DAVID Y. IGE, Chair