STAND. COM. REP. NO. 1931-18

Honolulu, Hawaii

, 2018

RE: S.B. No. 2911

S.D. 2

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Twenty-Ninth State Legislature

Regular Session of 2018

State of Hawaii

Sir:

Your Committee on Finance, to which was referred S.B. No. 2911, S.D. 2, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO ENVIRONMENTAL DUE DILIGENCE,"

begs leave to report as follows:

The purpose of this measure is to appropriate funds to the Department of Land and Natural Resources to conduct a phase I environmental site assessment and, if necessary, a phase II environmental site assessment and suitable environmental remediation at the former Lalamilo Reservoir site on the island of Hawaii as due diligence and to include any common transaction costs concerning the Lalamilo Reservoir site land exchange transaction for the relocation of a public library.

The Hawaii State Public Library System supported this measure. The Department of Land and Natural Resources provided 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 S.B. No. 2911, S.D. 2, 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