STAND. COM. REP. NO.  1043-14

Honolulu, Hawaii

                , 2014

RE:   S.B. No. 3026

      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. 3026, S.D. 2, entitled:

"A BILL FOR AN ACT AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS FOR THE WAIMEA-PAAUILO WATERSHED PROJECT,"

begs leave to report as follows:

The purpose of this measure is to authorize the issuance of general obligation bonds to finance the design, plans, and construction of more efficient irrigation and livestock water distribution systems, including storage reservoirs and a water collection system, for the Waimea-Paauilo Watershed Project on the Island of Hawaii.

The Department of Agriculture and Ulupono Initiative submitted testimony in support of this measure.  

     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. 3026, S.D. 2, 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 Water & Land,

____________________________

CINDY EVANS, Chair