STAND. COM. REP. NO. 576-04

Honolulu, Hawaii

, 2004

RE: H.B. No. 2341

H.D. 1

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2004

State of Hawaii

Sir:

Your Committee on Judiciary, to which was referred H.B. No. 2341 entitled:

"A BILL FOR AN ACT RELATING TO THE AGRIBUSINESS DEVELOPMENT CORPORATION,"

begs leave to report as follows:

The purpose of this bill is to ensure continuity of policy and experience on the Board of Directors of the Agribusiness Development Corporation (ADC) by providing for staggered terms for its members. The Governor will be authorized to appoint members of the Board for reduced terms until all their terms are staggered.

The ADC submitted testimony in support of this measure.

Your Committee finds that providing overlapping terms for members will enhance continuity in ADC operations.

Your Committee has amended this measure by:

(1) Incorporating the substance of this measure into section 163D-3(b), Hawaii Revised Statutes (HRS), which relates to the composition of the ADC Board of Directors;

(2) Utilizing the procedures of section 26-34, HRS, to provide for staggered terms; and

(3) Making other technical, nonsubstantive amendments for clarity, consistency, and style.

As affirmed by the record of votes of the members of your Committee on Judiciary that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2341, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2341, H.D. 1.

Respectfully submitted on behalf of the members of the Committee on Judiciary,

 

____________________________

ERIC G. HAMAKAWA, Chair