STAND. COM. REP. NO. 1279-04
Honolulu, Hawaii
, 2004
RE: S.B. No. 2782
S.D. 1
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 S.B. No. 2782, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO THE FUNDING OF A HABITAT CONSERVATION PLAN,"
begs leave to report as follows:
The purpose of this bill is to provide the Department of Land and Natural Resources (DLNR) the same financial flexibility that federal law provides for the administration of habitat conservation plans. Specifically, this bill:
(1) Expands the financial means by which landowners may assure performance of obligations under habitat conservation plans; and
(2) Provides that funds ensuring performance of a habitat conservation plan may be deposited into the Endangered Species Trust Fund (Fund), where they shall be exempt from central services fees and administrative expenses.
DLNR, the Land Use Research Foundation of Hawaii, Nature Conservancy of Hawaii, and Koa Timber, Inc., testified in support of this bill.
Your Committee has amended this bill by:
(1) Removing the exemption from central services fees and administrative expenses for assurance moneys deposited into the Fund;
(2) Amending the effective date to July 1, 2010, to facilitate further discussion; and
(3) 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 S.B. No. 2782, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 2782, S.D. 1, H.D. 1.
Respectfully submitted on behalf of the members of the Committee on Finance,
|
____________________________ DWIGHT Y. TAKAMINE, Chair |
||