Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Sir:

Your Committee on Agriculture, to which was referred H.B. No. 1556 entitled:

begs leave to report as follows:

The purpose of this bill is to increase the agricultural loan program's flexibility by raising Class A and Class B agriculture loan limits from $400,000 to $800,000.

Meadow Gold Dairies testified in support of this measure. The Department of Agriculture submitted comments in support of this measure.

As affirmed by the record of votes of the members of your Committee on Agriculture that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1556 and recommends that it pass Second Reading and be referred to the Committee on Finance.