STAND. COM. REP. NO. 572-04

Honolulu, Hawaii

, 2004

RE: H.B. No. 2397

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 Finance, to which was referred H.B. No. 2397 entitled:

"A BILL FOR AN ACT MAKING AN EMERGENCY APPROPRIATION FOR THE HAWAII STATE DISASTER REVOLVING LOAN FUND,"

begs leave to report as follows:

The purpose of this bill is to make an emergency appropriation of $1,000,000 from the State Disaster Revolving Loan Fund to assist with damage caused by heavy rains and flooding on December 7 and December 8, 2003.

The Department of Business, Economic Development, and Tourism testified in support of this bill.

Your Committee has amended this bill by:

(1) Changing the effective date to July 1, 2010 to encourage futher discussion; and

(2) Making technical, nonsubstantive amendments for clarity and style.

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 H.B. No. 2397, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2397, H.D. 1.

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

 

____________________________

DWIGHT Y. TAKAMINE, Chair