STAND. COM. REP. NO. 303

                                 Honolulu, Hawaii
                                                   , 1999

                                 RE: H.B. No. 981
                                     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 Agriculture, to which was referred H.B.
No. 981 entitled: 

     "A BILL FOR AN ACT RELATING TO AGRICULTURAL PARK LEASES,"

begs leave to report as follows:

     The purpose of the bill is to allow trusts and limited
liability companies as applicants for agricultural park leases.

     Testimony in support of the measure was submitted to your
Committee from the Board of Agriculture, the Hawaii Farm Bureau
Federation, the Big Island Farm Bureau, and the Keohole Ag Park
Association.

     Your Committee finds that adding trusts and limited
liability companies to those who can apply for a park lease would
allow lessees to transfer or continue the lease to surviving
family members or successor business entities.

     Your Committee believes that present lessees should also
benefit from these changes.

     Therefore, your Committee has amended this measure by:

     (1)  Making explicit that present lessees can transfer their
          interests provided they do in compliance with the
          rules; and


 
 
 
                                 STAND. COM. REP. NO. 303
                                 Page 2

 
     (2)  Making technical, nonsubstantive amendments for
          purposes of style and clarity.

     As affirmed by the record of votes of the members of your
Committee on Agriculture that is attached to this report, your
Committee is in accord with the intent and purpose of H.B. No.
981, as amended herein, and recommends that it pass Second
Reading in the form attached hereto as H.B. No. 981, H.D. 1, and
be referred to the Committee on Finance.

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



                                   ______________________________
                                   FELIPE P. ABINSAY, JR., Chair