HOUSE OF REPRESENTATIVES

THE TWENTY-FOURTH LEGISLATURE

REGULAR SESSION OF 2008

COMMITTEE ON FINANCE

Rep. Marcus R. Oshiro, Chair

Rep. Marilyn B. Lee, Vice Chair

Rep. Karen Leinani Awana	Rep. Sharon E. Har	Rep. Bob Nakasone	Rep. Kymberly Marcos Pine
Rep. Della Au Belatti	Rep. Jon Riki Karamatsu	Rep. Karl Rhoads	Rep. Gene Ward, Ph.D.
Rep. Tom Brower	Rep. Michael Y. Magaoay	Rep. Roland D. Sagum, III
Rep. Mele Carroll	Rep. Joey Manahan	Rep. James Kunane Tokioka
Rep. Faye P. Hanohano	Rep. John Mizuno	Rep. Colleen Rose Meyer

NOTICE OF HEARING

DATE:

THURSDAY, February 21, 2008

TIME:

10:30 A.M.

PLACE:

Conference Room 308

State Capitol

415 South Beretania Street

A G E N D A # 2

RELATING TO AGRICULTURE.

Enables the agribusiness development corporation to contract with banks to provide lease management services. Allows corporation to lease agricultural lands for up to 55 years. Authorizes the corporation to purchase agricultural lands owned by the Galbraith Estate. Makes an appropriation to acquire Galbraith Estate Lands.

AGR/WLH, FIN

RELATING TO AGRICULTURE.

Authorizes issuance of revenue bonds to purchase land in central Oahu from the Galbraith Estate; appropriates funds to purchase the lands; enables the Agribusiness Development Corporation to contract with lending institutions to provide lease management services.

AGR/WLH, FIN

RELATING TO THE AGRIBUSINESS DEVELOPMENT CORPORATION.

Requires at least four of the eight members of the Board of the Agribusiness Development Corporation to have knowledge, experience, and expertise within certain secondary industries related to agriculture.

AGR/EDB, FIN

RELATING TO THE UNIVERSITY OF HAWAII.

Makes an appropriation to the college of tropical agriculture and human resources to move the agribusiness incubator and Poamoho station projects and personnel to a site in Kunia.

AGR, HED, FIN

RELATING TO AGRICULTURAL WATER SECURITY.

Allows the negotiation of agreements for the production of emergency power for agricultural water systems following a disaster declared by the Governor.

AGR/WLH, CPC, FIN

RELATING TO DROUGHT MITIGATION.

Appropriates funds for drought mitigation projects in each county of the state.

AGR/WLH, FIN

DECISION MAKING TO FOLLOW

Persons wishing to offer comments should submit testimony at least 24 hours prior to the hearing with a transmittal cover indicating:

· Testifier's name with position/title and organization;

· The date and agenda no. of the hearing;

· Measure number;

· If you will be testifying in person or submitting written testimony only;

· The Committee the comments are directed to; and

· The number of copies the Committee is requesting.

While every effort will be made to copy, organize, and collate all testimony received, materials received on the day of the hearing or improperly identified or directed to the incorrect office, may be distributed to the Committee after the hearing.

Submit testimony in ONE of the following ways:

PAPER: 2 copies to Room 306 in the State Capitol. It is required that the copies be on one side of an 8½ " X 11" sheet;

FAX: For comments less than 5 pages in length, transmit to 586-6001 (Oahu) or 1-800-535-3859 (Neighbor Islands);

EMAIL: For comments less than 5 pages in length, transmit to FINtestimony@Capitol.hawaii.gov. Please include the measure number, date of hearing, and agenda no. in the subject line or click on the appropriate "Email Testimony" link above.

Testimony submitted will be placed on the Legislative Web site after the hearing adjourns. This public posting of testimony on the Web site should be considered when including personal information in your testimony.

If you require special assistance or auxiliary aids and/or services to participate in the House public hearing process (i.e., sign or foreign language interpreter or wheelchair accessibility), please contact the Committee Clerk at 586-6200 or email your request for an interpreter to HouseInterpreter@Capitol.hawaii.gov at least 24 hours prior to the hearing for arrangements. Prompt requests submitted help to ensure the availability of qualified individuals and appropriate accommodations.

Selected meetings are broadcast live. Check the current legislative broadcast schedule on the "Capitol TV" Web site at www.capitoltv.org OR call 550-8074.

________________________________________

Rep. Marcus R. Oshiro

Chair