STAND. COM. REP. NO. 615

                                 Honolulu, Hawaii
                                                   , 1999

                                 RE: H.B. No. 873
                                     H.D. 1




Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twentieth State Legislature
Regular Session of 1999
State of Hawaii

Sir:

     Your Committee on Economic Development and Business
Concerns, to which was referred H.B. No. 873, H.D. 1, entitled: 

     "A BILL FOR AN ACT RELATING TO AMUSEMENT AND THEME PARKS,"

begs leave to report as follows:

     The purpose of this bill is to encourage the development of
amusement and theme parks by providing assistance to developers
of such parks including negotiation of land leases and providing
economic and tax incentives.

     The Department of Business, Economic Development, and
Tourism and the Hawaii Tourism Authority submitted testimony in
support of the intent of the measure.  The Department of Taxation
and an individual submitted testimony in opposition to the
measure.  Comments were received from the Department of Land and
Natural Resources.

     As affirmed by the record of votes of the members of your
Committee on Economic Development and Business Concerns that is
attached to this report, your Committee is in accord with the
intent and purpose of H.B. No. 873, H.D. 1, and recommends that
it be referred to the Committee on Finance.


 
 
 
 
 
 
 
                                 STAND. COM. REP. NO. 615
                                 Page 2

 
                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Economic
                                   Development and Business
                                   Concerns,



                                   ______________________________
                                   ROBERT N. HERKES, Chair