STAND. COM. REP. NO. 61

                                   Honolulu, Hawaii
                                                     , 1999

                                   RE:  S.B. No. 290
                                        S.D. 1
                                        




Honorable Norman Mizuguchi
President of the Senate
Twentieth State Legislature
Regular Session of 1999
State of Hawaii

Sir:

     Your Committee on Government Operations and Housing, to
which was referred S.B. No. 290, entitled: 

     "A BILL FOR AN ACT RELATING TO HOUSING,"

begs leave to report as follows:

     The purpose of this short form bill is to effectuate the
purpose of this Act. 

     The purpose of this measure, as amended, is to require fifty
percent of the expenditures from the Homes Revolving Fund and the
Dwelling Unit Revolving Fund to be used for units which are
affordable to persons and families with incomes at or below
thirty percent of the median income level.

     As affirmed by the record of votes of the members of your
Committee on Government Operations and Housing that is attached
to this report, your Committee is in accord with the action to
report out S.B. No. 290, as amended herein, and recommends that
it pass Second Reading in the form attached hereto as S.B.
No. 290, S.D. 1, and be recommitted to the Committee on
Government Operations and Housing for further consideration.


 
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                                   STAND. COM. REP. NO. 61
                                   Page 2


                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Government
                                   Operations and Housing,



                                   ______________________________
                                   ROD TAM, Chair

 
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