STAND. COM. REP. NO.  203

 

Honolulu, Hawaii

                , 2013

 

RE:   H.B. No. 692

      H.D. 1

 

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Seventh State Legislature

Regular Session of 2013

State of Hawaii

 

Sir:

 

     Your Committee on Transportation, to which was referred H.B. No. 692 entitled:

 

"A BILL FOR AN ACT RELATING TO HARBORS,"

 

begs leave to report as follows:

 

     The purpose of this measure is to authorize the Department of Transportation to issue revenue bonds for capital improvement projects for harbor improvements.

 

     The International Longshore and Warehouse Union Local 142 Hawaii, General Contractors Association of Hawaii, a member of the Maui County Council, and the Ocean Tourism Coalition supported this measure.  The Department of Transportation supported the intent of this measure.

 

     Your Committee has amended this measure by:

 

     (1)  Changing its effective date to July 1, 2020, to promote further discussion;

 

     (2)  Deleting references to "general obligation bonds" and substituting "revenue bond funds" instead; and

 

     (3)  Making technical, nonsubstantive amendments for clarity, consistency, and style.

 

     As affirmed by the record of votes of the members of your Committee on Transportation that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 692, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 692, H.D. 1, and be referred to the Committee on Finance.

 

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

 

 

 

 

____________________________

RYAN I. YAMANE, Chair