STAND. COM. REP. NO.624

Honolulu, Hawaii

, 2001

RE: H.B. No. 1686

H.D. 1

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 1686, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE ISSUANCE OF REVENUE BONDS FOR INTER-ISLAND MARITIME TRANSPORTATION,"

begs leave to report as follows:

The purpose of this bill is to:

(1) Improve the State's harbors to enable Rainbow Island Express, a private ferry service, to operate inter-island and intra-island; and

(2) Authorize the Department of Transportation (DOT), with the approval of the Governor, to issue special facility revenue bonds;

Two Maui County Council members submitted testimony in support of this measure. DOT supported the intent of this measure.

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. 1686, H.D. 1, and recommends that it pass Third Reading.

 

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

____________________________

DWIGHT Y. TAKAMINE, Chair