STAND. COM. REP. NO.  1023

Honolulu, Hawaii

                , 2011

RE:   S.B. No. 1290

      S.D. 1

      H.D. 1

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

Sir:

     Your Committee on Hawaiian Affairs, to which was referred S.B. No. 1290, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE HAWAIIAN HOMES COMMISSION ACT, 1920, AS AMENDED,"

begs leave to report as follows:

     The purpose of this bill is to adjust the limit that the Department of Hawaiian Home Lands (DHHL) is authorized to borrow or guarantee to cover the guarantee requirements for its housing program.

     DHHL and the Department of Budget and Finance testified in support of this bill.

     Your Committee has amended this bill by changing its effective date to July 1, 2011.

     As affirmed by the record of votes of the members of your Committee on Hawaiian Affairs that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1290, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 1290, S.D. 1, H.D. 1, and be referred to the Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Hawaiian Affairs,

____________________________

FAYE HANOHANO, Chair