STAND. COM. REP. NO. 735-00

                                 Honolulu, Hawaii
                                                   , 2000

                                 RE: H.B. No. 2576
                                     H.D. 1




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

Sir:

     Your Committee on Finance, to which was referred H.B. No.
2576 entitled: 

     "A BILL FOR AN ACT RELATING TO THE WATER RESOURCE MANAGEMENT
     FUND,"

begs leave to report as follows:

     The purpose of this bill is to support water resource
management programs and activities by establishing a Water
Resource Management Fund within the Department of Land and
Natural Resources (DLNR) under the jurisdiction of the Commission
on Water Resource Management.

     DLNR, the Board of Water Supply of the City and County of
Honolulu, and the Nature Conservancy of Hawaii testified in
support of this measure.  The Environmental Center of the
University of Hawaii at Manoa testified in support of the intent
of the measure.  The Office of Hawaiian Affairs submitted
comments on the measure.

     Your Committee has amended this bill by making technical,
nonsubstantive amendments for clarity and style.

     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.
2576, as amended herein, and recommends that it pass Third
Reading in the form attached hereto as H.B. No. 2576, H.D. 1.


 
 
                                 STAND. COM. REP. NO. 735-00
                                 Page 2

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



                                   ______________________________
                                   DWIGHT Y. TAKAMINE, Chair