STAND. COM. REP. NO.  774-16

 

Honolulu, Hawaii

                , 2016

 

RE:   H.B. No. 2029

      H.D. 1

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2016

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred H.B. No. 2029, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO WATER INFRASTRUCTURE LOANS,"

 

begs leave to report as follows:

 

     The purpose of this measure is to establish the framework, as well as provide short- and long-term funding mechanisms for the creation of the Hawaii Water Infrastructure Authority, which shall be purposed with loan-making for water infrastructure development, repair, and maintenance.

 

     The Land Use Research Foundation of Hawaii and Hawaii Farm Bureau provided testimony in support of this measure.  The Department of Land and Natural Resources and Aha Moku Advisory Committee provided testimony in opposition.  The Department of Agriculture, Department of Health, Department of Budget and Finance, State Procurement Office, Hawaii Fresh Water Initiative, and Hawaii Green Growth provided comments.

 

     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. 2029, H.D. 1, and recommends that it pass Third Reading.

 

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

 

 

 

 

____________________________

SYLVIA LUKE, Chair