STAND. COM. REP. NO.  1336-10

Honolulu, Hawaii

                     , 2010

RE:   H.C.R. No. 200

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fifth State Legislature

Regular Session of 2010

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.C.R. No. 200 entitled:

"HOUSE CONCURRENT RESOLUTION REQUESTING THE LEGISLATIVE REFERENCE BUREAU TO STUDY THE FEASIBILITY OF ESTABLISHING A STATE-OWNED BANK,"

begs leave to report as follows:

     The purpose of this concurrent resolution is to request the Legislative Reference Bureau (LRB) to study the feasibility of establishing a state-owned bank in Hawaii.

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee concurs with the intent and purpose of H.C.R. No. 200 and recommends its adoption.

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

____________________________

MARCUS R. OSHIRO, Chair