STAND

STAND. COM. REP. NO. 168

Honolulu, Hawaii

, 2005

RE: H.B. No. 1114

H.D. 1

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Third State Legislature

Regular Session of 2005

State of Hawaii

Sir:

Your Committees on Water, Land, & Ocean Resources and Economic Development & Business Concerns, to which was referred H.B. No. 1114 entitled:

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

beg leave to report as follows:

The purpose of this bill is to clarify the functions of the Aloha Tower Development Corporation (ATDC) by authorizing it to:

(1) Become part of a limited liability company (LLC) with developers of ATDC projects;

(2) Sell any project; and

(3) Sell any fast or submerged lands of the Aloha Tower complex.

This bill also requires that:

(1) Public funds and projects of the LLC shall not be subject to the Procurement Code; and

(2) State employees hired by the LLC shall retain their state employment benefits and classifications.

ATDC supported provisions of the bill that would allow it to sell projects as well as any fast lands of the Aloha Tower complex.

Upon further consideration, your Committees have amended this bill by:

(1) Removing the provisions that would have allowed ATDC to sell any fast or submerged lands of the Aloha Tower complex; and

(2) Making technical, nonsubstantive amendments to correct drafting errors.

As affirmed by the records of votes of the members of your Committees on Water, Land, & Ocean Resources and Economic Development & Business Concerns that are attached to this report, your Committees are in accord with the intent and purpose of H.B. No. 1114, as amended herein, and recommend that it pass Second Reading in the form attached hereto as H.B. No. 1114, H.D. 1, and be referred to the Committee on Judiciary.

Respectfully submitted on behalf of the members of the Committees on Water, Land, & Ocean Resources and Economic Development & Business Concerns,

____________________________ ROBERT N. HERKES, Chair		____________________________ EZRA R. KANOHO, Chair