STAND. COM. REP. NO.  1017

Honolulu, Hawaii

                , 2007

RE:   H.B. No. 119

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. 119 entitled:

"A BILL FOR AN ACT RELATING TO AGRICULTURAL WATER SYSTEMS,"

begs leave to report as follows:

     The purpose of this bill is to permit the Agribusiness Development Corporation to acquire by grant, purchase, or gift, agricultural water systems to provide water for the irrigation of agricultural lands, exempt from any county subdivision requirements.

The Agribusiness Development Corporation, Kamehameha Schools, and Dole Food Company Hawaii testified in support of this bill.

     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. 119 and recommends that it pass Third Reading.

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

____________________________

MARCUS R. OSHIRO, Chair