STAND. COM. REP. NO. 2910

                                   Honolulu, Hawaii
                                                     , 2000

                                   RE:  H.B. No. 2570
                                        H.D. 1




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

Sir:

     Your Committee on Economic Development, to which was
referred H.B. No. 2570, H.D. 1, entitled: 

     "A BILL FOR AN ACT RELATING TO THE BOATING SPECIAL FUND,"

begs leave to report as follows:

     The purpose of this measure is to clarify the permissible
amount of deduction and transfer from the boating special fund to
the general fund for central service expenses.

     Your Committee received testimony in support of this measure
from the Board of Land and Natural Resources and HGEA-AFSCME.

     This measure provides for a deduction of five per cent of
all receipts and deposits in the boating special fund after
subtracting any amounts pledged, charged, or encumbered for the
payment of bonds and interest.  Your Committee finds that this
measure will enhance the balance in the boating special fund to
provide services and improve facilities used by the boating
public that otherwise would have to be generated through user
fees.  Your Committee further finds that this measure will
restore provisions lost in the transfer of the fund from the
Department of Transportation to the Department of Land and
Natural Resources in 1991.

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

 
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                                   STAND. COM. REP. NO. 2910
                                   Page 2


of H.B. No. 2570, H.D. 1, and recommends that it pass Second
Reading and be referred to the Committee on Ways and Means.

                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Economic
                                   Development,



                                   ______________________________
                                   LORRAINE R. INOUYE, Chair

 
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