STAND. COM. REP. NO. 1512

Honolulu, Hawaii

RE:    H.B. No. 318

       H.D. 1

       S.D. 1

Honorable Donna Mercado Kim

President of the Senate

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

Madam:

     Your Committee on Ways and Means, to which was referred H.B. No. 318, H.D. 1, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO GOVERNMENT BUILDINGS,"

begs leave to report as follows:

     The purpose and intent of this measure is to exempt the right to place names on public buildings from the bidding requirements and fifteen-year limitations governing public contracts for concessions.

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

     Your Committee finds that this measure will enable the Stadium Authority to capitalize on long-term sponsorships and naming rights opportunities that will produce significant revenue opportunities at minimal cost and capital outlay.

     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 H.B. No. 318, H.D. 1, S.D. 1, and recommends that it pass Third Reading.

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

________________________________

JILL N. TOKUDA, Chair