CONFERENCE COMMITTEE REPORT NO.180

                            Honolulu, Hawaii
                                            , 1999

                            RE:   H.B. No. 1017
                                  H.D. 1
                                  S.D. 2
                                  C.D. 1




Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twentieth State Legislature
Regular Session of 1999
State of Hawaii

Honorable Norman Mizuguchi
President of the Senate
Twentieth State Legislature
Regular Session of 1999
State of Hawaii

Sir:

     Your Committee on Conference on the disagreeing vote of the
House of Representatives to the amendments proposed by the Senate
in H.B. No. 1017, H.D. 1, S.D. 2, entitled:

    "A BILL FOR AN ACT RELATING TO THE HOUSING LOAN AND MORTGAGE
    PROGRAM,"

having met, and after full and free discussion, has agreed to
recommend and does recommend to the respective Houses the final
passage of this bill in an amended form.

     The purpose of this bill is to improve the quality and the
availability of housing by:

     (1) Authorizing the issuance of short-term bonds for the
         repair and maintenance of State-owned public housing;

     (2) Increasing the ceiling of the total amount of bonds that
         may be issued for the Hula Mae single family mortgage
         purchase program from $1,775,000,000 to an unspecified
         amount; and


 
 
                            CONFERENCE COMMITTEE REPORT NO.180
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     (3) Authorizing the issuance of general obligation bonds of
         an unspecified sum and appropriating that sum to the
         Rental Housing Trust Fund (RHTF).

     Your Committee on Conference has amended the bill by:

     (1) Specifying the amount of $2,275,000,000 as the new
         ceiling for the Hula Mae single family mortgage purchase
         program;

     (2) Removing the provision authorizing the issuance of
         short-term bonds for the repair and maintenance of
         State-owned housing;

     (3) Removing the provision authorizing the issuance of
         general obligation bonds of an unspecified sum and
         appropriating that sum to the Rental Housing Trust Fund;
         and

     (4) Making technical, nonsubstantive revisions for style and
         clarity.

     Your Committee on Conference is in accord with the intent
and purpose of H.B. No. 1017, H.D. 1, S.D. 2, as amended herein,
and recommends that it pass Final Reading in the form attached
hereto as H.B. No. 1017, H.D. 1, S.D. 2, C.D. 1.

                                   Respectfully submitted,

MANAGERS ON THE PART OF THE        MANAGERS ON THE PART OF THE
           SENATE                              HOUSE
                                   
                                   
                                   
______________________________     ______________________________
ROD TAM, Co-Chair                  DENNIS A. ARAKAKI, Co-Chair
                                   
                                   
                                   
______________________________     ______________________________
ANDREW LEVIN, Co-Chair             MICHAEL PUAMAMO KAHIKINA, Co-
                                   Chair
                                   
                                   
                                   
______________________________     ______________________________
JAN YAGI BUEN, Member              DAVID D. STEGMAIER, Member

 
                            CONFERENCE COMMITTEE REPORT NO.180
                            Page 3



                                   
                                   
                                   
______________________________     ______________________________
WHITNEY ANDERSON, Member           BRIAN YAMANE, Member
                                   
                                   
                                   
                                   ______________________________
                                   BOB McDERMOTT, Member