Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2002

State of Hawaii

Sir:

Your Committee on Finance, to which was referred S.B. No. 2228, S.D. 1, H.D. 1, entitled:

begs leave to report as follows:

The purpose of this bill is to authorize the issuance of up to $2,300,000 in special purpose revenue bonds to assist the Hawaii Sugar & Transportation Cooperative in purchasing the sugar and molasses terminal facility at Nawiliwili, Kauai, from Gay & Robinson, Inc.

Your Committee has amended this measure by:

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. 2228, S.D. 1, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2228, S.D. 1, H.D. 2.