STAND. COM. REP. NO.  692

Honolulu, Hawaii

                , 2015

RE:   H.B. No. 1314

      H.D. 1

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No. 1314, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO HOUSING,"

begs leave to report as follows:

The purpose of this measure is to assist persons who are dispossessed of their homes as a result of a natural disaster by establishing the Emergency Home Relocation Special Fund, to be administered by the Hawaii Housing Finance and Development Corporation, to provide for infrastructure development, grants, and loans.

The Department of Budget and Finance and Hawaii Housing Finance and Development Corporation submitted comments.

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1314, H.D. 1, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

SYLVIA LUKE, Chair