STAND. COM. REP. NO. 863

Honolulu, Hawaii

, 2019

RE: H.B. No. 860

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirtieth State Legislature

Regular Session of 2019

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 860, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO LAND AND BUILDING ACQUISITION,"

begs leave to report as follows:

The purpose of this measure is to fulfill the Hawaii State Constitution's mandate to strengthen the State's agricultural sector by appropriating funds to the Agribusiness Development Corporation to acquire specified lands with improvements, provided that the price does not exceed the amount appropriated.

The Department of Agriculture, Agribusiness Development Corporation, Hawai‘i Farm Bureau, O‘ahu County Committee on Legislative Priorities of the Democratic Party of Hawai‘i, and an individual submitted testimony in support of this measure.

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. 860, 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