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. 2931, S.D. 2, H.D. 1, entitled:

begs leave to report as follows:

The purpose of this bill is to authorize the issuance of $40,285,000 in general obligation bonds to finance ten agricultural irrigation projects statewide and the State Agricultural Water Use and Development Plan, provided that the bond funds appropriated are matched by $5,000,000 in federal matching funds.

The University of Hawaii College of Tropical Agriculture and Human Resources, three members of the Maui County Council, Department of Water Supply of the County of Maui, Hawaii Agriculture Research Center, Land Use Research Foundation of Hawaii, Hawaii Farm Bureau Federation, Big Island Farm Bureau, Kauai County Farm Bureau, Maui County Farm Bureau, East Kauai Water Users' Cooperative, Hawaii Leeward Planning Conference, Pineapple Growers Association of Hawaii, and Saiva Siddhanta Church supported this measure. The Department of Agriculture supported the intent of this bill.

Your Committee has amended this measure by changing its effective date to July 1, 2020, to facilitate further discussion. Other technical, nonsubstantive amendments were made for purposes of style and clarity.

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. 2931, S.D. 2, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2931, S.D. 2, H.D. 2.