CONFERENCE COMMITTEE REP. NO. 149-14

Honolulu, Hawaii

                 , 2014

RE:    H.B. No. 748

       H.D. 2

       S.D. 1

       C.D. 1

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Seventh State Legislature

Regular Session of 2014

State of Hawaii

Honorable Donna Mercado Kim

President of the Senate

Twenty-Seventh State Legislature

Regular Session of 2014

State of Hawaii

Sir and Madam:

     Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in H.B. No. 748, H.D. 2, S.D. 1, entitled:

"A BILL FOR AN ACT PROPOSING AN AMENDMENT TO THE HAWAII CONSTITUTION TO AUTHORIZE THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST AGRICULTURAL ENTERPRISES,"

having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.

     The purpose of this measure is to propose an amendment to Article VII, section 12, of the Constitution of the State of Hawaii to authorize the State to issue special purpose revenue bonds and use the bond proceeds to assist agricultural enterprises on any type of land instead of only on important agricultural lands.

     Your Committee on Conference has amended this measure by changing its effective date to make it effective upon compliance with Article XVII, section 3, of the Constitution of the State of Hawaii.

     As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of H.B. No. 748, H.D. 2, S.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as H.B. No. 748, H.D. 2, S.D. 1, C.D. 1.

Respectfully submitted on behalf of the managers:

ON THE PART OF THE SENATE

ON THE PART OF THE HOUSE

____________________________ CLARENCE K. NISHIHARA, Chair	____________________________ JESSICA WOOLEY, Co-Chair
____________________________ CLAYTON HEE, Co-Chair	____________________________ KARL RHOADS, Co-Chair
____________________________ RONALD D. KOUCHI, Co-Chair	____________________________ RICHARD H.K. ONISHI, Co-Chair