STAND. COM. REP. NO.  1102

Honolulu, Hawaii

                , 2007

RE:   H.B. No. 1353

      H.D. 1

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2007

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No. 1353, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE HAWAIIAN HOMES COMMISSION ACT, 1920, AS AMENDED,"

begs leave to report as follows:

     The purpose of this bill is to authorize the transfer of funds from the Hawaiian Home Receipts Fund into the Native Hawaiian Rehabilitation Fund.

     The Hawaiian Homes Commission, Office of Hawaiian Affairs, State Council of Hawaiian Homestead Associations, and a concerned individual testified in support of this bill.

     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 H.B. No. 1353, H.D. 1, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

MARCUS R. OSHIRO, Chair