STAND. COM. REP. NO. 857-00

                                 Honolulu, Hawaii
                                                   , 2000

                                 RE: H.B. No. 2733
                                     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.
2733, H.D. 1, entitled: 

     "A BILL FOR AN ACT RELATING TO THE HAWAIIAN HOME LANDS
     TRUST,"

begs leave to report as follows:

     The purpose of this bill is to establish a Hawaiian Home
Lands Trust Individual Claims Compensation Commission
(Commission) to evaluate funding mechanisms to compensate native
Hawaiian beneficiaries that have successfully asserted claims
against the State under chapter 674, Hawaii Revised Statutes.

     The Attorney General and the Office of Hawaiian Affairs
testified in support of the intent of this bill.  The Department
of Hawaiian Home Lands and the Legislative Reference Bureau
offered comments on this bill.  The Native Hawaiian Legal
Corporation and several individuals testified in opposition to
this bill.

     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.
2733, H.D. 1, and recommends that it pass Third Reading.


 
 
 
 
 
 
                                 STAND. COM. REP. NO. 857-00
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                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Finance,



                                   ______________________________
                                   DWIGHT Y. TAKAMINE, Chair