STAND. COM. REP. NO.  812-08

 

Honolulu, Hawaii

                , 2008

 

RE:   H.B. No. 2085

      H.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2008

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 2085, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO THE AGRIBUSINESS DEVELOPMENT CORPORATION,"

 

begs leave to report as follows:

 

     The purpose of this bill is to improve the effectiveness and decision-making of the Agribusiness Development Corporation (ADC) by requiring that at least four members of the Board of Directors of ADC have knowledge, experience, and expertise in certain fields related to agriculture.

 

     The Maui County Farm Bureau testified in support of this bill.  ADC and Paradise Flower Farms, Inc., opposed this measure.

 

     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. 2085, H.D. 1, and recommends that it pass Third Reading.

 

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

 

 

 

 

____________________________

MARCUS R. OSHIRO, Chair