STAND. COM. REP. NO.  528-08

Honolulu, Hawaii

                , 2008

RE:   H.B. No. 2889

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2008

State of Hawaii

Sir:

     Your Committee on Human Services & Housing, to which was referred H.B. No. 2889 entitled:

"A BILL FOR AN ACT RELATING TO HOUSING,"

begs leave to report as follows:

     The purpose of this bill is to provide important information regarding Hawaii housing costs to policymakers by requiring the Hawaii Housing Finance and Development Corporation (Corporation) to develop a list of cost items that impact the cost of homes in Hawaii, particularly those encountered by the Corporation.  In addition, this bill requires the Corporation to submit a report of its findings, recommendations, and any suggested legislation to the Legislature no later than 20 days prior to the convening of the Regular Session of 2009. 

     The Corporation supported the intent of this bill.

     As affirmed by the record of votes of the members of your Committee on Human Services & Housing that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 2889 and recommends that it pass Second Reading and be referred to the Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Human Services & Housing,

____________________________

MAILE SHIMABUKURO, Chair