STAND. COM. REP. NO. 72

Honolulu, Hawaii

RE:    S.B. No. 1206

Honorable Colleen Hanabusa

President of the Senate

Twenty-Fifth State Legislature

Regular Session of 2009

State of Hawaii

Madam:

     Your Committee on Transportation, International and Intergovernmental Affairs, to which was referred S.B. No. 1206 entitled:

"A BILL FOR AN ACT RELATING TO COUNTIES,"

begs leave to report as follows:

     The purpose of this measure is to confer upon a

county with a population of at least 500,000 people, the power to issue revenue bonds in its own name if so authorized under the county charter.

     Your Committee received testimony in support of this measure from the Honolulu Board of Water Supply.  Copies of written testimony are available for review on the Legislature's website.

     Your Committee finds that this measure enables the various county water supply boards to issue revenue bonds in conformity with county charters of counties with a population of at least 500,000 persons.

     As affirmed by the record of votes of the members of your Committee on Transportation, International and Intergovernmental Affairs that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1206 and recommends that it pass Second Reading and be referred to the Committee on Ways and Means.

Respectfully submitted on behalf of the members of the Committee on Transportation, International and Intergovernmental Affairs,

____________________________

J. KALANI ENGLISH, Chair