STAND. COM. REP. NO. 316

Honolulu, Hawaii

, 2001

RE: S.B. No. 547

S.D. 1

 

 

Honorable Robert Bunda

President of the Senate

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Sir:

Your Committee on Agriculture, to which was referred S.B. No. 547 entitled:

"A BILL FOR AN ACT AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS AND MAKING AN APPROPRIATION TO EXPAND THE AGRICULTURAL LOAN FUND,"

begs leave to report as follows:

The purpose of this measure is to expand the agricultural loan fund.

Your Committee received testimony commenting on this measure from the Department of Agriculture.

Your Committee finds that Hawaii's agriculture industry is in need of additional resources to diversify and grow. Hawaii's farmers need to invest in new technology, research, and ventures. By appropriating additional funds for the agricultural loan fund program, this measure provides Hawaii's agriculture industry access to the additional resources needed for expansion.

Your Committee has amended this measure by deleting the appropriation amount to further discussion on this matter.

As affirmed by the record of votes of the members of your Committee on Agriculture that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 547, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 547, S.D. 1, and be referred to the Committee on Ways and Means.

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

____________________________

JAN YAGI BUEN, Chair