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FC-105 Page 3 February 9,2022 <br /> Mr. Chung then stated that the measure would be merely be a funding source and emphasized the <br /> urgency in need. <br /> Committee Member Maile Medeiros David expressed support for taking a percentage of income from <br /> the two-tier process and allocating funds to programs addressing homelessness as well as the sunset <br /> date on the measure. Ms. David then thanked Mr. Chung for introducing the measure. <br /> Committee Chair Matt Kdneali`i-Kleinfelder expressed comments in support of the intent, but also <br /> stated concerns with not knowing specific breakdowns on how funds will be spent. <br /> Mr. Kaneali`i-Kleinfelder then suggested a scaled funding source to better ease into the five-year <br /> sunset. <br /> Regarding Ms. Kierkiewicz's request to amend the bill to add Housing, Mr. Chung stated that <br /> Housing broadly covers many facets beyond homelessness and may dilute the purpose and intent of <br /> the measure. <br /> Ms. Sako stated that Finance will study the measure further and work with the Legislative Reference <br /> Bureau to ensure that the language appropriately reflects the intent of the bill. <br /> Your Committee on Finance is in accord with the purpose and intent of Bill No. 111, as amended to <br /> Draft 2, and recommends its passage on first reading. <br /> are <br /> AYES NOES ABS EX Respectfully submitted, <br /> CHUNG X <br /> DAVID X COMMITTEE ON FINANCE <br /> INABA X <br /> KANEALI`I-KLEINFELDER X <br /> KIERKIEW ICZ X <br /> KIMBALL x MATT KANEAL `I-KLEINFELDER, CHAIR <br /> LEE LOY X <br /> RICHARDS X FC REPORT NO.: 105 <br /> VILLEGAS X ADOPTED: FE-Q-2 3 2022 <br />