STAND. COM. REP. NO. 995

                                 Honolulu, Hawaii
                                                   , 1999

                                 RE: H.B. No. 1703
                                     




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

Sir:

     Your Committee on Finance, to which was referred H.B. No.
1703 entitled: 

     "A BILL FOR AN ACT RELATING TO WAIMANALO,"

begs leave to report as follows:

     The purpose of this bill is to allow the Department of Land
and Natural Resources to continue to:

     (1)  Enter into long-term lease negotiations; and

     (2)  Execute long-term leases;

with eligible Waimanalo farmers, by extending the sunset date of
Act 257, Session Laws of Hawaii 1996, to July 1, 2001.

     The Board of Land and Natural Resources commented on this
bill.

     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.
1703 and recommends that it pass Third Reading.


 
 
 
 
 
 
 
                                 STAND. COM. REP. NO. 995
                                 Page 2

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



                                   ______________________________
                                   DWIGHT Y. TAKAMINE, Chair