CONFERENCE COMMITTEE REPORT NO. 156

                            Honolulu, Hawaii
                                            , 2000

                            RE:   H.B. No. 2023
                                  H.D. 2
                                  S.D. 2
                                  C.D. 1




Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Honorable Norman Mizuguchi
President of the Senate
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Sir:

     Your Committee on Conference on the disagreeing vote of the
House of Representatives to the amendments proposed by the Senate
in H.B. No. 2023, H.D. 2, S.D. 2, entitled:

    "A BILL FOR AN ACT RELATING TO AGRICULTURAL INFRASTRUCTURE,"

having met, and after full and free discussion, has agreed to
recommend and does recommend to the respective Houses the final
passage of this bill in an amended form.

     The purpose of this bill is to provide a tax credit for
major investment in the planning, design, construction,
reconstruction, improvement, altering, or repair of large
agricultural infrastructures and the construction of drought
mitigating water storage facilities.

     Your Committee on Conference has amended this bill by
changing its effective date to take place upon its approval.

     As affirmed by the record of votes of the managers of your
Committee on Conference that is attached to this report, your
Committee on Conference is in accord with the intent and purpose

 
a   
                            CONFERENCE COMMITTEE REPORT NO. 156
                            Page 2



of H.B. No. 2023, H.D. 2, S.D. 2, as amended herein, and
recommends that it pass Final Reading in the form attached hereto
as H.B. No. 2023, H.D. 2, S.D. 2, C.D. 1.

                                   Respectfully submitted on
                                   behalf of the managers:

  ON THE PART OF THE SENATE          ON THE PART OF THE HOUSE
                                   
                                   
                                   
                                   
______________________________     ______________________________
LORRAINE R. INOUYE, Chair          FELIPE P. ABINSAY, JR., Co-
                                   Chair
                                   
                                   
                                   
______________________________     ______________________________
ANDREW LEVIN, Co-Chair             WILLIE C. ESPERO, Co-Chair




______________________________
CAROL FUKUNAGA, Co-Chair

 
a