STAND. COM. REP. NO. 1033-26

Honolulu, Hawaii

, 2026

RE: H.B. No. 2397

H.D. 2

Honorable Nadine K. Nakamura

Speaker, House of Representatives

Thirty-Third State Legislature

Regular Session of 2026

State of Hawaii

Madame:

Your Committee on Finance, to which was referred H.B. No. 2397, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO SCHOOL FACILITIES,"

begs leave to report as follows:

The purpose of this measure is to transfer a certain amount of school impact fees for the Kalihi-Ala Moana school impact district to the School Impact Fees Subaccount of the School Facilities Special Fund and appropriate funds out of the Subaccount to acquire and renovate one or more buildings in the downtown Honolulu area to develop and expand pre-kindergarten and charter school capacity.

Your Committee received testimony in support of this measure from the School Facilities Authority. Your Committee received comments on this measure from the Department of the Attorney General.

Your Committee has amended this measure by changing the amount of school impact fees to be transferred and the appropriation to unspecified amounts.

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. 2397, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2397, H.D. 2.

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

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CHRIS TODD, Chair