STAND. COM. REP. NO.  458-14

Honolulu, Hawaii

                , 2014

RE:   H.B. No. 1741

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Seventh State Legislature

Regular Session of 2014

State of Hawaii

Sir:

     Your Committee on Judiciary, to which was referred H.B. No. 1741 entitled:

"A BILL FOR AN ACT RELATING TO COUNTY INFRASTRUCTURE CAPACITY BUILDING CONSTRUCTION FINANCING,"

begs leave to report as follows:

The purpose of this measure is to establish an infrastructure capacity construction loan revolving fund to provide loans to the counties, state agencies, and private developers to finance the costs of infrastructure improvements that would increase the capacity of the infrastructure facilities, including regional sewer, water, drainage systems, and roads.

     The measure also appropriates an unspecified sum for the making of loans pursuant to the measure.

The Office of Information Management and Technology, Pacific Resource Partnership, Chamber of Commerce Hawaii, and Building Industry Association of Hawaii testified in support of the measure.  The Department of Budget and Finance and the Department of Commerce and Consumer Affairs offered comments on the measure.

     As affirmed by the record of votes of the members of your Committee on Judiciary that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1741 and recommends that it pass Second Reading and be referred to the Committee on Finance.

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

____________________________

KARL RHOADS, Chair