STAND. COM. REP. NO. 1188

Honolulu, Hawaii

, 2023

RE: H.B. No. 37

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-Second State Legislature

Regular Session of 2023

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 37 entitled:

"A BILL FOR AN ACT RELATING TO NON-GENERAL FUNDS,"

begs leave to report as follows:

The purpose of this measure is to abolish the Native Hawaiian Rights Fund of the Office of Hawaiian Affairs, pursuant to the recommendation made by the Office of the Auditor in Report No. 22-02, and lapse any unencumbered balance to the general fund.

Your Committee received testimony in support of this measure from the Office of Hawaiian Affairs. Your Committee received comments on this measure from the Tax Foundation of Hawaii.

As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 37 and recommends that it pass Third Reading.

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

____________________________

KYLE T. YAMASHITA, Chair