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. 1161, S.D. 1, entitled:

begs leave to report as follows:

The purpose of this bill is to facilitate the disposition of abandoned or seized property on public lands by raising the minimum value from $100 to $1,000 before the imposition of formal public notice requirements.

The Department of Land and Natural Resources submitted testimony in support.

Your Committee finds that the current notice and sale requirements are expensive and often costs more than the auction proceeds. Increasing the minimum value to $1,000 before the imposition of formal notice requirements will ensure that the disposition of abandoned or seized property is conducted on a more cost-effective basis.

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. 1161, S.D. 1, and recommends that it pass Second Reading and be referred to the Committee on Finance.