Honorable Robert Bunda

President of the Senate

Twenty-Third State Legislature

Regular Session of 2006

State of Hawaii

Sir:

Your Committees on Education and Military Affairs and Commerce, Consumer Protection, and Housing, to which was referred S.B. No. 2228 entitled:

beg leave to report as follows:

The purpose of this measure is to create an affordable housing program for active full-time public school teachers to purchase an interest in residential properties.

Testimony in support of this measure was submitted by the Hawaii State Teachers Association.

Your Committees find that there is a pressing need to provide housing assistance for the recruitment and retention of teachers in the Hawaii public school system.

Your Committees have amended this measure by making nonsubstantive, technical amendments.

As affirmed by the records of votes of the members of your Committees on Education and Military Affairs and Commerce, Consumer Protection, and Housing that are attached to this report, your Committees are in accord with the intent and purpose of S.B. No. 2228, as amended herein, and recommend that it pass Second Reading in the form attached hereto as S.B. No. 2228, S.D. 1, and be referred to the Committee on Ways and Means.