STAND. COM. REP. NO. 726

                                 Honolulu, Hawaii
                                                   , 1999

                                 RE: H.B. No. 1431
                                     




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

Sir:

     Your Committee on Judiciary and Hawaiian Affairs, to which
was referred H.B. No. 1431 entitled: 

     "A BILL FOR AN ACT RELATING TO PUBLIC FINANCIAL DISCLOSURE
     STATEMENTS,"

begs leave to report as follows:

     The purpose of this bill is to require financial disclosure
statements for members of the University of Hawaii Board of
Regents, the Board of Land and Natural Resources, the Board of
Agriculture, and the Hawaiian Homes Commission.

     Testimony in support of this bill was received from the
Hawaii State Ethics Commission and Common Cause Hawaii.
Additional comments were submitted by the Board of Land and
Natural Resources that had no objections to the provisions in the
bill.

     Your Committee finds that the financial disclosure laws
provide the public with a method to accurately disclose any
potential conflicts of interests of those individuals in various
governmental positions.  This bill requires individuals serving
on these executive boards that oversee their respective state
departments to file public disclosure statements.

     As affirmed by the record of votes of the members of your
Committee on Judiciary and Hawaiian Affairs that is attached to
this report, your Committee is in accord with the intent and

 
 
 
                                 STAND. COM. REP. NO. 726
                                 Page 2

 
purpose of H.B. No. 1431 and recommends that it pass Second
Reading and be placed on the calendar for Third Reading.

                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Judiciary &
                                   Hawaiian Affairs,



                                   ______________________________
                                   PAUL T. OSHIRO, Chair