STAND. COM. REP. NO. 1910

Honolulu, Hawaii

, 2019

RE: S.B. No. 711

S.D. 1

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 S.B. No. 711, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO AGRICULTURAL LAND,"

begs leave to report as follows:

The purpose of this measure is to amend certain general obligation bond funds appropriated in the General Appropriations Act of 2017, as amended by the Supplemental Appropriations Act of 2018, to purchase deep well easements on agricultural land on Oahu.

Hawaii Cattlemen's Council and Hawaii Farm Bureau supported this measure. The Agribusiness Development Corporation provided comments.

Your Committee has amended this measure by changing the effective date to July 1, 2030, to encourage further discussion.

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. 711, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 711, S.D. 1, H.D. 1, and be placed on the calendar for Third Reading.

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

____________________________

SYLVIA LUKE, Chair