STAND. COM. REP. NO. 1497
Honolulu, Hawaii
, 2005
RE: S.B. No. 801
S.D. 2
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 Committee on Finance, to which was referred S.B. No. 801, S.D. 2, entitled:
"A BILL FOR AN ACT RELATING TO LOW-INTEREST LOANS TO DISASTER VICTIMS,"
begs leave to report as follows:
The purpose of this bill is to provide support to victims of disasters by:
(1) Appropriating funds to the Kikala-Keokea Housing Revolving Fund to provide low-interest home construction loans for Kikala-Keokea leaseholders and to fund related activities; and
(2) Repealing the Kalapana Disaster Relief Program.
The Housing and Community Development Corporation of Hawaii supported the intent of this bill.
Your Committee has amended this bill by:
(1) Changing the effective date to July 1, 2010, to encourage further discussion; and
(2) Making technical, nonsubstantive amendments for clarity, consistency, 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. 801, S.D. 2, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 801, S.D. 2, H.D. 1.
Respectfully submitted on behalf of the members of the Committee on Finance,
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____________________________ DWIGHT TAKAMINE, Chair |
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