CONFERENCE
COMMITTEE REP. NO. 83
Honolulu, Hawaii
, 2021
RE: S.B. No. 1103
H.D. 1
C.D. 1
Honorable Ronald D. Kouchi
President of the Senate
Thirty-First State Legislature
Regular Session of 2021
State of Hawaii
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirty-First State Legislature
Regular Session of 2021
State of Hawaii
Sirs:
Your Committee on Conference on the disagreeing vote of the Senate to the amendments proposed by the House of Representatives in S.B. No. 1103, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO THE PEER REVIEW OVERSIGHT COMMITTEE,"
having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.
The purpose of this measure is to clarify the role of the Board of Public Accountancy in selecting members to serve on the Board's Peer Review Oversight Committee.
Your Committee on Conference finds that the accounting profession's standards of review can change frequently. As a result of these changes, the duties of the Board of Public Accountancy's Peer Review Oversight Committee are expected to increase substantially. Your Committee on Conference further finds that it is necessary for the Board to have flexibility and discretion in selecting members who have the ability and aptitude to serve on the Peer Review Oversight Committee. This measure accomplishes these objectives.
Your Committee on Conference has amended this measure by making it effective upon its approval.
As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of S.B. No. 1103, H.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as S.B. No. 1103, H.D. 1, C.D. 1.
Respectfully submitted on behalf of the managers:
ON THE PART OF THE HOUSE |
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ON THE PART OF THE SENATE |
____________________________ AARON LING JOHANSON Co-Chair |
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____________________________ ROSALYN H. BAKER Chair |
____________________________ SCOTT Y. NISHIMOTO Co-Chair |
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