STAND. COM. REP. NO.  510

Honolulu, Hawaii

                , 2011

RE:   H.B. No. 1063

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 H.B. No. 1063 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 increase the limit the Department of Hawaiian Home Lands (DHHL) is currently authorized to borrow or guarantee on loans, from $50,000,000 to $100,000,000 to cover the guarantee requirements for its housing program.

     DHHL, the Department of Budget and Finance, and a concerned individual testified in support of this measure.

     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 H.B. No. 1063 and recommends that it pass Second Reading and be referred to the Committee on Finance.

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

____________________________

FAYE HANOHANO, Chair