STAND. COM. REP. NO.763

Honolulu, Hawaii

, 2001

RE: H.B. No. 872

H.D. 3

 

 

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. 872, H.D. 2, entitled:

"A BILL FOR AN ACT RELATING TO AGRICULTURE,"

begs leave to report as follows:

The purpose of this bill is to authorize the issuance of special purpose revenue bonds to assist Science and Technology International (STI) in planning and building a freeze-dried processing plant in the State of Hawaii.

STI testified in support of this bill. The Board of Agriculture supported the intent of this bill. The Department of Budget and Finance commented.

Your Committee has amended this bill by:

(1) Changing the bond authorization amount to $10,000,000; and

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

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. 872, H.D. 2, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 872, H.D. 3.

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

____________________________

DWIGHT Y. TAKAMINE, Chair