STAND. COM. REP. NO. 2094

Honolulu, Hawaii

RE: S.R. No. 48

Honorable Ronald D. Kouchi

President of the Senate

Thirtieth State Legislature

Regular Session of 2019

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred S.R. No. 48 entitled:

"SENATE RESOLUTION REQUESTING THE OFFICE OF HAWAIIAN AFFAIRS TO CONDUCT AN INDEPENDENT FISCAL AUDIT OF ALL LIMITED LIABILITY CORPORATIONS CREATED OR CONTROLLED BY THE OFFICE,"

begs leave to report as follows:

The purpose and intent of this measure is to request the Office of Hawaiian Affairs to conduct an independent fiscal audit of all limited liability corporations created or controlled by the Office.

Your Committee received written comments on this measure from the Office of Hawaiian Affairs.

Your Committee finds that the transactions, accounts, procedures, and performance of limited liability corporations created by the Office of Hawaiian Affairs were not included in the scope of the Office of the Auditor's 2018 audit of the Office of Hawaiian Affairs. Accordingly, your Committee finds that an independent audit of these entities is necessary to understand the full scope of the Office's fiscal health.

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 concurs with the intent and purpose of S.R. No. 48 and recommends its adoption.

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

________________________________

DONOVAN M. DELA CRUZ, Chair