STAND. COM. REP. NO.  960

Honolulu, Hawaii

                , 2007

RE:   H.B. No. 110

      H.D. 1

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2007

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No. 110, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO HOUSING,"

begs leave to report as follows:

     The purpose of this bill is to increase the availability of student housing at the University of Hawaii at Manoa by appropriating an unspecified amount of funds for the University of Hawaii to fund the development of on-campus and nearby student housing, which may include:

(1)  Acquisition or leasing of property;

(2)  Construction of new housing;

(3)  Renovation and repair of existing housing; and

(4)  Conversion of facilities not originally intended for housing through the use of alternatives that are approved by the Board of Regents.

     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 H.B. No. 110, H.D. 1, and recommends that it pass Second Reading and be placed on the calendar for Third Reading.

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

____________________________

MARCUS R. OSHIRO, Chair