STAND. COM. REP. NO.  1149

Honolulu, Hawaii

                , 2007

RE:   H.B. No. 567

      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. 567, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO MOTOR SPORTS FACILITY,"

begs leave to report as follows:

     The purpose of this bill is to encourage safe motor sports recreation by requiring the Department of Accounting and General  Services (DAGS) to conduct a study to determine the cost of developing an all-purpose motor sports facility on Oahu, including costs of:

     (1)  Land acquisition;

     (2)  Construction; and

     (3)  Startup, maintenance, and operation.

     DAGS testified in support of the intent of this bill.  A concerned individual submitted comments on this measure.

     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. 567, 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