Honorable Robert Bunda

President of the Senate

Twenty-Second State Legislature

Regular Session of 2004

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred S.B. No. 2758, S.D. 1, entitled:

begs leave to report as follows:

The purpose of this measure is to preserve the public land trust.

Specifically, this measure prohibits the State from selling, exchanging, or otherwise alienating lands contained in the public land trust, except for the sale, exchange, or other alienation of such lands to the Department of Hawaiian Home Lands.

Your Committee finds that the public land trust constitutes a legacy to the Hawaiian people. Passage of this measure will ensure that this legacy will not be diminished.

As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2758, S.D. 1, and recommends that it pass Third Reading.