STAND. COM. REP. NO. 70

Honolulu, Hawaii

RE: S.B. No. 579

S.D. 1

Honorable Ronald D. Kouchi

President of the Senate

Thirty-First State Legislature

Regular Session of 2021

State of Hawaii

Sir:

Your Committee on Agriculture and Environment, to which was referred S.B. No. 579 entitled:

"A BILL FOR AN ACT RELATING TO SPECIAL PURPOSE REVENUE BONDS TO ASSIST HOUSE OF ALOHA ENTERPRISES LLC,"

begs leave to report as follows:

The purpose and intent of this measure is to authorize the issuance of special purpose revenue bonds to assist the House of Aloha Enterprises LLC, with planning, designing, constructing, and equipping facilities for the manufacturing and processing of certain products.

Your Committee received testimony in support of this measure from Mason Industries, LLC; House of Aloha Enterprises, LLC; Hawaii Master Food Preservers; and Hawaii Tropical Fruit Growers. Your Committee received comments on this measure from the Department of Budget and Finance.

Your Committee finds that House of Aloha Enterprises, LLC seeks to build a facility and expand existing facilities in the State to process value-added agricultural, advanced materials, sustainable, and fine art products. The facilities will provide automated packaging and bottling and will serve as the hub for coordinated shipping.

Your Committee has amended this measure by inserting language to clarify that the purpose of the special purpose revenue bond is to generate business in Hawaii.

As affirmed by the record of votes of the members of your Committee on Agriculture and Environment that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 579, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 579, S.D. 1, and be referred to your Committee on Ways and Means.

Respectfully submitted on behalf of the members of the Committee on Agriculture and Environment,

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MIKE GABBARD, Chair