STAND. COM. REP. NO. 3383

                                   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 Ways and Means, 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 bill is to clarify the permissible
amount of deduction and transfer from the boating special fund to
the general fund for central service expenses.

     In particular, this bill 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.  The deductions are to be
transferred to the general fund and become general realizations
of the State.

     Your Committee finds that this bill 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 bill will restore provisions lost in the 1991 transfer
of the fund from the Department of Transportation to the
Department of Land and Natural Resources.

     As affirmed by the record of votes of the members of your
Committee on Ways and Means that is attached to this report, your

 
a                                                     HB2570 HD1
 
 
                                   STAND. COM. REP. NO. 3383
                                   Page 2


Committee is in accord with the intent and purpose of H.B. No.
2570, H.D. 1, and recommends that it pass Third Reading.

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



                                 ________________________________
                                 CAROL FUKUNAGA, Co-Chair



                                 ________________________________
                                 ANDREW LEVIN, Co-Chair

 
a                                                     HB2570 HD1