STAND. COM. REP. NO.  2145

 

Honolulu, Hawaii

                , 2019

 

RE:   S.B. No. 1151

      S.D. 1

      H.D. 2

 

 

 

 

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirtieth State Legislature

Regular Session of 2019

State of Hawaii

 

Sir:

 

     Your Committee on Finance, to which was referred S.B. No. 1151, S.D. 1, H.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO DEPARTMENT OF AGRICULTURE LOANS,"

 

begs leave to report as follows:

 

     The purpose of this measure is to increase the amount of individual loans using state funds that the Chairperson of the Board of Agriculture may approve for any agricultural and aquacultural loan to $100,000.

 

     The Department of Agriculture, Hawaii Farm Bureau, Hydroponics Alternatives – Waianae, and Ulupono Initiative supported this measure.

 

     Your Committee has amended this measure by changing the amount of individual loans using state funds that the Chairperson of the Board of Agriculture may approve for any agricultural and aquacultural loan to unspecified amounts.

 

     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 S.B. No. 1151, S.D. 1, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 1151, S.D. 1, H.D. 2.

 

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

 

 

 

 

____________________________

SYLVIA LUKE, Chair