STAND. COM. REP. NO. 1089

                                 Honolulu, Hawaii
                                                   , 1999

                                 RE: H.B. No. 1172
                                     H.D. 2




Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twentieth State Legislature
Regular Session of 1999
State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No.
1172, H.D. 1, entitled: 

     "A BILL FOR AN ACT RELATING TO THE BUREAU OF CONVEYANCES,"

begs leave to report as follows:

     The purpose of this bill is to provide for more efficient
operations by the Bureau of Conveyances (Bureau) by:

     (1)  Replacing the Bureau of Conveyances Equipment
          Modernization Special Fund with the Bureau of
          Conveyances Special Fund (Bureau Special Fund);

     (2)  Authorizing the Bureau to change the fees charged for
          microfilm duplication;

     (3)  Providing for the deposit of a portion of recordation
          fees received at the Bureau into the general fund;

     (4)  Providing for the deposit of the remainder of
          recordation fees and other fees into the Bureau Special
          Fund;

     (5)  Directing the Bureau to pay for equipment, software,
          administrative costs, personnel, and improvements
          necessary for modernization of the recording system out
          of the Bureau Special Fund; and


 
 
 
                                 STAND. COM. REP. NO. 1089
                                 Page 2

 
     (6)  Making a $3,000,000 appropriation out of the Bureau
          Special Fund to be expended by the Department of Land
          and Natural Resources (DLNR) for the purposes of the
          Bureau fund.

     DLNR testified in support of the bill.  The Tax Foundation
of Hawaii commented on the bill.

     Your Committee has amended the bill by:

     (1)  Changing the required deposit to the credit of the
          State general fund from $15 to $23 for each document
          recorded at the Bureau;

     (2)  Providing that moneys in the Bureau Special Fund may be
          used by the Bureau for modernization of the recording
          system;

     (3)  Deleting the $3,000,000 appropriation to DLNR; and

     (4)  Making technical, nonsubstantive revisions for style
          and clarity.

     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.
1172, H.D. 1, as amended herein, and recommends that it pass
Third Reading in the form attached hereto as H.B. No. 1172, H.D.
2.

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



                                   ______________________________
                                   DWIGHT Y. TAKAMINE, Chair