STAND. COM. REP. NO.  59

 

Honolulu, Hawaii

                , 2013

 

RE:   H.B. No. 217

      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 Ocean, Marine Resources, & Hawaiian Affairs, to which was referred H.B. No. 217 entitled:

 

"A BILL FOR AN ACT RELATING TO BONDS,"

 

begs leave to report as follows:

 

     The purpose of this measure is to amend the Office of Hawaiian Affairs' (OHA) bond authority to allow OHA to offer a loan program to make, facilitate, buy, refinance, or guarantee loans for public and private agencies and for individuals for the purpose of the betterment of Native Hawaiians.

 

     The Office of Hawaiian Affairs, Association of Hawaiian Civic Clubs, Koolaupoko Hawaiian Civic Club, and Alii Pauahi Hawaiian Civic Club submitted testimony in support of this measure.

 

     Your Committee has amended this measure by making technical, nonsubstantive amendments for the purposes of clarity and style.

 

     As affirmed by the record of votes of the members of your Committee on Ocean, Marine Resources, & Hawaiian Affairs that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 217, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 217, H.D. 1, and be referred to the Committee on Finance.

 

Respectfully submitted on behalf of the members of the Committee on Ocean, Marine Resources, & Hawaiian Affairs,

 

 

 

 

____________________________

FAYE P. HANOHANO, Chair