STAND. COM. REP. NO.  1041-14

Honolulu, Hawaii

                , 2014

RE:   S.B. No. 2743

      S.D. 2

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Seventh State Legislature

Regular Session of 2014

State of Hawaii

Sir:

     Your Committee on Water & Land, to which was referred S.B. No. 2743, S.D. 2, entitled:

"A BILL FOR AN ACT RELATING TO THE KAHO‘OLAWE ISLAND RESERVE,"

begs leave to report as follows:

The purpose of this measure is to allocate a portion of conveyance tax revenues to the Kaho‘olawe Rehabilitation Trust Fund to fund long-term rehabilitation and planning for the Kaho‘olawe Island Reserve.

The Kaho‘olawe Island Reserve Commission, Department of Planning of the County of Maui, and several individuals submitted testimony in support of this measure.  The Department of Land and Natural Resources and Tax Foundation of Hawaii submitted comments.

     As affirmed by the record of votes of the members of your Committee on Water & Land that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2743, S.D. 2, and recommends that it be referred to the Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Water & Land,

____________________________

CINDY EVANS, Chair