CONFERENCE COMMITTEE REP. NO. 194

Honolulu, Hawaii

, 2023

RE: H.B. No. 1020

S.D. 1

C.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-Second State Legislature

Regular Session of 2023

State of Hawaii

Honorable Ronald D. Kouchi

President of the Senate

Thirty-Second State Legislature

Regular Session of 2023

State of Hawaii

Sirs:

Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in H.B. No. 1020, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO PAYMENT OF CLAIMS OF THE UNCLAIMED PROPERTY PROGRAM,"

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 increase the amount of funds that can be carried over on June 30 of each fiscal year in the Unclaimed Property Trust Fund.

Your Committee on Conference has amended this measure by:

(1) Changing the amount of funds that can be carried over at June 30 of each fiscal year to $3,000,000;

(2) Making it take effect on June 29, 2023; and

(3) Making a technical, nonsubstantive amendment for the purposes of clarity, consistency, and style.

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 H.B. No. 1020, S.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as H.B. No. 1020, S.D. 1, C.D. 1.

Respectfully submitted on behalf of the managers:

ON THE PART OF THE SENATE

ON THE PART OF THE HOUSE

____________________________ GILBERT S.C. KEITH-AGARAN Chair

____________________________ KYLE T. YAMASHITA Chair