Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Human Services and Housing, to which was referred H.B. No. 78 entitled:

begs leave to report as follows:

The purpose of this bill is to make the administration of the federal housing programs more efficient by authorizing the Housing and Community Development Corporation of Hawaii (HCDCH) to establish and maintain special fund accounts outside of the state treasury.

HCDCH testified in support of this bill.

Your Committee finds that the establishment and management of fund accounts that are separate from the state treasury are necessary for the effective administration of federal housing programs, including federal low-rent public housing, section 8 housing choice vouchers, emergency shelter grants, and housing for persons with AIDS.

As affirmed by the record of votes of the members of your Committee on Human Services and Housing that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 78 and recommends that it pass Second Reading and be referred to the Committee on Finance.