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 S.B. No. 1173 entitled:

begs leave to report as follows:

The purpose of this measure is to repeal the Hawaii Environmental Disclosure Law.

Your Committee received testimony in favor of this measure from the Office of the Lieutenant Governor and from the Office of Environmental Quality Control.

Your Committee finds that this law was originally enacted to alert the public of major corporate changes, particularly in the case of the agricultural industry. However, there have only been twelve filings in the last 18 years.

Because there are currently more effective mechanisms in place to notify the public of proposed changes in the agricultural industry, your Committee finds that this statute is no longer necessary and should be repealed.

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 S.B. No. 1173 and recommends that it pass Second Reading and be placed on the calendar for Third Reading.