STAND. COM. REP. NO. 1476-00

                                 Honolulu, Hawaii
                                                   , 2000

                                 RE: H.C.R. No. 117
                                     




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.C.R. No.
117 entitled: 

     "HOUSE CONCURRENT RESOLUTION REQUESTING THE LEGISLATIVE
     REFERENCE BUREAU TO REVIEW THE STATUTORY FRAMEWORK RELATING
     TO THE LEASING OF STATE LANDS,"

begs leave to report as follows:

     The purpose of this concurrent resolution is to request the
Legislative Reference Bureau (LRB) to review the statutory
framework relating to the leasing of state lands.

     As affirmed by the record of votes of the members of your
Committee on Finance that is attached to this report, your
Committee concurs with the intent and purpose of H.C.R. No. 117,
and recommends its adoption.

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



                                   ______________________________
                                   DWIGHT Y. TAKAMINE, Chair