CONFERENCE COMMITTEE REP. NO. 4

Honolulu, Hawaii

, 2021

RE: S.B. No. 336

S.D. 1

H.D. 1

C.D. 1

Honorable Ronald D. Kouchi

President of the Senate

Thirty-First State Legislature

Regular Session of 2021

State of Hawaii

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-First State Legislature

Regular Session of 2021

State of Hawaii

Sirs:

Your Committee on Conference on the disagreeing vote of the Senate to the amendments proposed by the House of Representatives in S.B. No. 336, S.D. 1, H.D. 1, entitled:

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

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 amend the maximum amount of each agricultural and aquacultural loan that the Chairperson of the Board of Agriculture may be authorized to approve unilaterally to an unspecified amount.

Your Committee on Conference finds that increasing the maximum amount of state funds that the Chairperson of the Board of Agriculture is authorized to unilaterally approve for each agricultural and aquacultural loans to $50,000 will help reduce approval times for micro-loans and ensure that loan applicants receive needed financial assistance in a timely manner.

Your Committee on Conference has amended this measure by:

(1) Inserting $50,000 as the maximum loan amount that the Chairperson of the Board of Agriculture may authorize; and

(2) Making it effective upon its approval.

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 S.B. No. 336, S.D. 1, H.D. 1, as amended herein, and recommends that it pass Final Reading in the form attached hereto as S.B. No. 336, S.D. 1, H.D. 1, C.D. 1.

Respectfully submitted on behalf of the managers:

ON THE PART OF THE HOUSE

ON THE PART OF THE SENATE

____________________________ MARK J. HASHEM Co-Chair	____________________________ MIKE GABBARD Chair
____________________________ AMY A. PERRUSO Co-Chair	____________________________ J. KALANI ENGLISH Co-Chair