STAND. COM. REP. NO.  558

Honolulu, Hawaii

                , 2015

RE:   H.B. No. 630

      H.D. 1

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

Sir:

     Your Committee on Judiciary, to which was referred H.B. No. 630 entitled:

"A BILL FOR AN ACT RELATING TO CAMPAIGN FINANCE,"

begs leave to report as follows:

The purpose of this measure is to prohibit corporate election contributions, expenditures, or independent expenditures except in accordance with the will of a majority of the corporation's shareholders.

A concerned individual testified in support of this measure.  Common Cause Hawaii supported the intent of this measure.  The Department of the Attorney General and Campaign Spending Commission testified in opposition.

     Your Committee has amended this measure, in light of the testimony received, by deleting its contents and inserting provisions requiring noncandidate committees to report the names and titles of the executives or members of the board of directors who authorized a contribution or expenditure.

     As affirmed by the record of votes of the members of your Committee on Judiciary that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 630, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 630, H.D. 1, and be referred to the Committee on Finance.

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

____________________________

KARL RHOADS, Chair