CONFERENCE COMMITTEE REPORT NO. 22

                            Honolulu, Hawaii
                                            , 2000

                            RE:   H.B. No. 2574
                                  H.D. 1
                                  S.D. 1
                                  C.D. 1




Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Honorable Norman Mizuguchi
President of the Senate
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Sir:

     Your Committee on Conference on the disagreeing vote of the
House of Representatives to the amendments proposed by the Senate
in H.B. No. 2574, H.D. 1, S.D. 1, entitled:

    "A BILL FOR AN ACT RELATING TO THE SPECIAL LAND AND
    DEVELOPMENT FUND,"

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 bill is to:

     (1) Deposit moneys generated by the disposition of mineral
         and water rights into the Special Land and Development
         Fund (Fund); and

     (2) Authorize the use of the Fund for the protection,
         planning, management, and regulation of water resources.

     After careful consideration, your Committee on Conference
has amended this bill by changing the effective date to July 1,
2000.

 
                            CONFERENCE COMMITTEE REPORT NO. 22
                            Page 2




     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. 2574, H.D. 1, S.D. 1, as amended herein, and
recommends that it pass Final Reading in the form attached hereto
as H.B. No. 2574, H.D. 1, 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
                                   
                                   
                                   
                                   
______________________________     ______________________________
COLLEEN HANABUSA, Co-Chair         ROMY M. CACHOLA, Co-Chair
                                   
                                   
                                   
                                   
______________________________     ______________________________
CAROL FUKUNAGA, Co-Chair           EZRA R. KANOHO, Co-Chair