STAND. COM. REP. NO.  830-08

 

Honolulu, Hawaii

                , 2008

 

RE:   H.B. No. 3126

 

 

 

 

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. 3126 entitled:

 

"A BILL FOR AN ACT RELATING TO THE HAWAIIAN HOMES COMMISSION ACT,"

 

begs leave to report as follows:

 

     The purpose of this bill is to assist farming activities on Hawaiian Home Lands by increasing the loan ceiling for the development of farm, ranch, and aquaculture operations on Hawaiian Home Lands from $50,000 to $200,000.

 

     The Department of Hawaiian Home Lands and Office of Hawaiian Affairs testified in support of this bill.

 

     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. 3126 and recommends that it pass Third Reading.

 

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

 

 

 

 

____________________________

MARCUS R. OSHIRO, Chair