Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Honorable Robert Bunda

President of the Senate

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in H.B. No. 640, H.D. 1, S.D. 2, entitled:

having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.

The purpose of this measure is to transfer funds from the hurricane relief fund to the loss mitigation grant fund in order to develop and implement the loss mitigation grant program. The Insurance Commissioner will administer the funds.

Your Committee has amended this bill by adding language requiring the State to apply for federal pre-disaster hazard mitigation funds. Your Committee has been informed that federal funds will be available but these funds will be awarded on a competitive basis. Your Committee was further informed that state moneys need to be expended in order to receive these federal funds.

As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of H.B. No. 640, H.D. 1, S.D. 2, as amended herein, and recommends that it pass Final Reading in the form attached hereto as H.B. No. 640, H.D. 1, S.D. 2, C.D. 1.