STAND. COM. REP. NO. 199

                                   Honolulu, Hawaii
                                                     , 1999

                                   RE:  S.B. No. 1082
                                        S.D. 1




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

Sir:

     Your Committee on Water, Land, and Hawaiian Affairs, to
which was referred S.B. No. 1082 entitled: 

     "A BILL FOR AN ACT RELATING TO THE BUREAU OF CONVEYANCES,"

begs leave to report as follows:

     The purpose of this measure is to provide a permanent source
of funding for the Bureau of Conveyances.

     The measure accomplishes this by dedicating all moneys
collected in excess of $15 for each document recorded at the
Bureau of Conveyances, except for the moneys collected for the
special mortgage recording fee and the conveyance tax, to the
Bureau of Conveyance Special Fund established under the measure.

     Testimony in support of the measure was received from the
Chairperson of the Board of Land and Natural Resources.

     Your Committee has amended the measure by making technical
amendments which include amending section 247-7, Hawaii Revised
Statutes, to resolve conflicts caused by the proposed dedication
of funding by deleting the apportionment of conveyance tax
revenues to other funds and directing all revenues only to the
Bureau of Conveyance Special Fund.

     As affirmed by the record of votes of the members of your
Committee on Water, Land, and Hawaiian Affairs that is attached
to this report, your Committee is in accord with the intent and
purpose of S.B. No. 1082, as amended herein, and recommends that

 
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                                   STAND. COM. REP. NO. 199
                                   Page 2


it pass Second Reading in the form attached hereto as S.B.
No. 1082, S.D. 1, and be referred to the Committee on Ways and
Means.

                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Water, Land, and
                                   Hawaiian Affairs,



                                   ______________________________
                                   COLLEEN HANABUSA, Chair

 
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