STAND. COM. REP. NO. 804-00

                                 Honolulu, Hawaii
                                                   , 2000

                                 RE: H.B. No. 2768
                                     H.D. 1




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

Sir:

     Your Committee on Finance, to which was referred H.B. No.
2768 entitled: 

     "A BILL FOR AN ACT RELATING TO KIKALA-KEOKEA,"

begs leave to report as follows:

     The purpose of this bill is to provide funds for the
development of infrastructure at Kikala-Keokea where people
displaced by volcanic activity are residing on homestead land.

     The Housing and Community Development Corporation of Hawaii,
Department of Land and Natural Resources (DLNR), Office of
Hawaiian Affairs, Hawaii County Economic Opportunity Council, and
concerned individuals testified in support of this bill.

     Your Committee has amended this bill by:

     (1)  Removing language from section 4 of the bill that all
          the moneys received or collected by DLNR shall be
          deposited into the Infrastructure Development Fund; and

     (2)  Making technical, nonsubstantive changes for purposes
          of clarity, consistency, and style.


 
 
 
 
 
 
 
                                 STAND. COM. REP. NO. 804-00
                                 Page 2

 
     As affirmed by the record of votes of the members of your
Committee on Finance that is attached to this report, your
Committee is in accord with the intent and purpose of H.B. No.
2768, as amended herein, and recommends that it pass Third
Reading in the form attached hereto as H.B. No. 2768, H.D. 1.

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



                                   ______________________________
                                   DWIGHT Y. TAKAMINE, Chair