STAND. COM. REP. NO. 2013

                                   Honolulu, Hawaii
                                                     , 2000

                                   RE:  S.B. No. 2022
                                        S.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 S.B. No. 2022 entitled: 

     "A BILL FOR AN ACT MAKING AN APPROPRIATION FOR THE
     AGRICULTURAL LOAN PROGRAM,"

begs leave to report as follows:

     The purpose of this measure is to appropriate $100,000,000,
for fiscal year 2000-2001, to expand the agricultural loan
program of the Department of Agriculture.

     Testimony in favor of this measure was submitted by the
Hawaii Farm Bureau.  The Department of Agriculture submitted
testimony in opposition.

     Your Committee finds that this measure would help Hawaii's
farmers in their efforts to expand both crops and markets.  Your
Committee has also heard the concerns of the Department of
Agriculture that, while the department is appreciative of the
support, an appropriation of this size should be considered when
the State's fiscal condition improves.

     Your Committee has amended this measure to change the
appropriation from $100,000,000 to an unspecified amount for the
purposes of further discussion.

     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

 
a                                                     SB2022 SD1
                                   STAND. COM. REP. NO. 2013
                                   Page 2


of S.B. No. 2022, as amended herein, and recommends that it pass
Second Reading in the form attached hereto as S.B. No. 2022,
S.D. 1, 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

 
a                                                     SB2022 SD1