STAND. COM. REP. NO. 1903

                                 Honolulu, Hawaii
                                                   , 1999

                                 RE: H.C.R. No. 169
                                     




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.C.R. No.
169 entitled: 

     "HOUSE CONCURRENT RESOLUTION SUPPORTING THE USE OF
     INDIVIDUAL DEVELOPMENT ACCOUNTS,"

begs leave to report as follows:

     The purpose of this concurrent resolution is to recognize
and support Individual Development Accounts as effective and
important mechanisms for asset building that should be used to
complement existing income-based social policy in Hawaii.

     As affirmed by the record of votes of the members of your
Committee on Finance that is attached to this report, your
Committee concurs with the intent and purpose of H.C.R. No. 169,
and recommends its adoption.

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



                                   ______________________________
                                   DWIGHT Y. TAKAMINE, Chair