STAND. COM. REP. NO. 1591

Honolulu, Hawaii

, 2005

RE: H.B. No. 1308

H.D. 1

S.D. 2

 

 

Honorable Robert Bunda

President of the Senate

Twenty-Third State Legislature

Regular Session of 2005

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred H.B. No. 1308, H.D. 1, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO LAND CONSERVATION,"

begs leave to report as follows:

The purpose of this measure is to establish permanent adequate funding for land conservation by increasing the conveyance tax on a sliding scale and dedicating ten percent of the annual proceeds from the conveyance tax to the existing land conservation fund established pursuant to section 173A-5, Hawaii Revised Statutes.

This measure also sets forth the purposes for which proceeds from the land conservation fund may be expended and further allows the Board of Land and Natural Resources to make grants to other state agencies and nonprofit land conservation organizations for the preservation of real property.

Your Committee has amended this measure by deleting all the appropriations provided in this measure and making technical, nonsubstantive conforming format changes.

As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1308, H.D. 1, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 1308, H.D. 1, S.D. 2.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

____________________________

BRIAN T. TANIGUCHI, Chair