STAND. COM. REP. NO.971
Honolulu, Hawaii
, 2001
RE: S.B. No. 1101
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-First State Legislature
Regular Session of 2001
State of Hawaii
Sir:
Your Committee on Judiciary and Hawaiian Affairs, to which was referred S.B. No. 1101 entitled:
"A BILL FOR AN ACT RELATING TO THE HAWAIIAN HOMES COMMISSION ACT, 1920, AS AMENDED,"
begs leave to report as follows:
The purpose of this bill is to authorize the Department of Hawaiian Home Lands (DHHL) to require that homestead lessees use private financing to reimburse DHHL for any advances made by DHHL. This bill applies only in those cases where the lessee obtained the lease interest as a result of any of the following:
(1) The prior lessee died leaving no qualified successor;
(2) The cancellation of the prior lease by DHHL; or
(3) The surrender of a lease by the prior lessee.
DHHL submitted testimony in support of the bill.
Presently, advances made by DHHL are funded through the Hawaiian home loan fund or general loan funds. Your Committee finds that this bill will have a positive effect upon the financial solvency of both funds.
As affirmed by the record of votes of the members of your Committee on Judiciary and Hawaiian Affairs that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1101 and recommends that it pass Second Reading and be referred to the Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Judiciary and Hawaiian Affairs,
____________________________ ERIC G. HAMAKAWA, Chair |
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