STAND. COM. REP. NO. 1426

                                   Honolulu, Hawaii
                                                     , 1999

                                   RE:  H.B. No. 424
                                        H.D. 2
                                        S.D. 2




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

Sir:

     Your Committee on Ways and Means, to which was referred H.B.
No. 424, H.D. 2, S.D. 1, entitled: 

     "A BILL FOR AN ACT RELATING TO FOREST RESERVES,"

begs leave to report as follows:

     The purpose of this bill is to provide a self-sustaining
method to reforest timber management areas, enhance the public
forest reserves, and develop educational programs for the public.

     Specifically, this measure requires the income from the sale
of certain forest products to be deposited into the forest
stewardship fund which shall be used first for replanting,
managing, and maintaining designated timber management areas.
This measure also requires the Board of Land and Natural
Resources to report annually to the Governor and the Legislature
on the status of the finances and the programs supported through
the fund.

     Your Committee has amended this measure by making technical
nonsubstantive changes.

     As affirmed by the record of votes of the members of your
Committee on Ways and Means that is attached to this report, your
Committee is in accord with the intent and purpose of H.B. No.
424, H.D. 2, S.D. 1, as amended herein, and recommends that it

 
a                                                       HB424 SD2
 
 
                                   STAND. COM. REP. NO. 1426
                                   Page 2


pass Third Reading in the form attached hereto as H.B. No. 424,
H.D. 2, S.D. 2.

                                 Respectfully submitted on behalf
                                 of the members of the Committee
                                 on Ways and Means,



                                 ________________________________
                                 CAROL FUKUNAGA, Co-Chair



                                 ________________________________
                                 ANDREW LEVIN, Co-Chair

 
a                                                       HB424 SD2