STAND. COM. REP. NO.  766

 

Honolulu, Hawaii

                , 2007

 

RE:   H.B. No. 259

      H.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2007

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 259 entitled:

 

"A BILL FOR AN ACT RELATING TO COUNTIES,"

 

begs leave to report as follows:

 

     The purpose of this bill is to enable county boards, in counties with a population of 500,000 or more, to issue revenue bonds if authorized by the county charter.

 

     The Honolulu Board of Water Supply testified in support of this bill.  The Chair of the Honolulu City Council opposed this measure.

 

     Your Committee has amended this bill by making technical, nonsubstantive amendments for clarity, consistency, and style.

 

     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. 259, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 259, H.D. 1, and be placed on the calendar for Third Reading.

 

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

 

 

 

 

____________________________

MARCUS R. OSHIRO, Chair