CONFERENCE
COMMITTEE REP. NO. 30
Honolulu, Hawaii
, 2021
RE: H.B. No. 776
H.D. 1
S.D. 2
C.D. 1
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirty-First State Legislature
Regular Session of 2021
State of Hawaii
Honorable Ronald D. Kouchi
President of the Senate
Thirty-First State Legislature
Regular Session of 2021
State of Hawaii
Sirs:
Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in H.B. No. 776, H.D. 1, S.D. 2, entitled:
"A BILL FOR AN ACT RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST PUEO DEVELOPMENT, LLC,"
having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.
The purpose of this measure is to authorize the issuance of special purpose revenue bonds to assist Pueo Development, LLC, in building a master planned community on Hawaiian Home Lands.
Your Committee on Conference has amended this measure by:
(1) Changing the authorized amount of the special purpose revenue bonds from an unspecified amount to $80,000,000;
(2) Deleting references to processing enterprises; and
(3) Changing the effective date to July 1, 2021.
As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of H.B. No. 776, H.D. 1, S.D. 2, as amended herein, and recommends that it pass Final Reading in the form attached hereto as H.B. No. 776, H.D. 1, S.D. 2, C.D. 1.
Respectfully submitted on behalf of the managers:
ON THE PART OF THE SENATE |
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ON THE PART OF THE HOUSE |
____________________________ MAILE S.L. SHIMABUKURO Chair |
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____________________________ NADINE K. NAKAMURA Co-Chair |
____________________________ DRU KANUHA Co-Chair |
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____________________________ KYLE T. YAMASHITA Co-Chair |
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