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 S.B. No. 2440, S.D. 1, H.D. 1, entitled:

begs leave to report as follows:

The purpose of this bill is to expand the term "family" with respect to the transfer of 999-year homestead leases to members of the occupier's or lessee's family to include aunts, uncles, and cousins.

The Department of Land and Natural Resources (DLNR) provided comments. The Office of Hawaii Affairs opposed this bill.

Your Committee notes that DLNR provided more precise language. However, your Committee lacked prior concurrence and was unable to make the suggested amendments.

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. 2440, S.D. 1, H.D. 1, and recommends that it pass Third Reading.