STAND.
COM. REP. NO. 244-24
Honolulu, Hawaii
, 2024
RE: H.B. No. 2384
H.D. 1
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirty-Second State Legislature
Regular Session of 2024
State of Hawaii
Sir:
Your Committee on Education, to which was referred H.B. No. 2384 entitled:
"A BILL FOR AN ACT RELATING TO THE SCHOOL FACILITIES SPECIAL FUND,"
begs leave to report as follows:
The purpose of this measure is to:
(1) Change the means of financing for a portion of funds appropriated for deposit into the School Facilities Special fund to an appropriation from general obligation bond revenues; and
(2) Extend the lapse date of funds appropriated into and out of the School Facilities Special fund to expand access to pre‑kindergarten to eligible children of the State.
Your Committee finds that, to help balance the State's financial plan, it is necessary to reduce the amount of general funds appropriated for deposit into the School Facilities Special Fund in fiscal year 2023-2024 and replace that appropriation with an appropriation from general obligation bond revenues. Your Committee further finds that extending the lapse dates on the appropriation out of the School Facilities Special Fund will allow the School Facilities Authority sufficient time to ensure pre‑kindergarten facilities are available across the State.
Your Committee has amended this measure by:
(1) Changing the appropriation and general obligation bonds authorized to be issued to unspecified amounts;
(2) Changing the effective date to July 1, 3000; and
(3) Making technical, nonsubstantive amendments for the purposes of clarity, consistency, and style.
Your Committee respectfully requests your Committee on Finance, should it deliberate on this measure, to consider:
(1) An appropriation amount of $100,000,000 to be deposited into the School Facilities Special Fund for fiscal year 2023-2024; and
(2) Authorizing the Director of Finance to issue a general obligation bonds in the amount of $100,000,000 and appropriating the same amount to be deposited into the School Facilities Special Fund for fiscal year 2023-2024.
As affirmed by the record of votes of the members of your Committee on Education that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2384, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 2384, H.D. 1, and be referred to your Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Education,
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____________________________ JUSTIN H. WOODSON, Chair |
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