STAND. COM. REP. NO. 466

Honolulu, Hawaii

, 2005

RE: H.B. No. 1556

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Third State Legislature

Regular Session of 2005

State of Hawaii

Sir:

Your Committees on Transportation and Agriculture, to which was referred H.B. No. 1556 entitled:

"A BILL FOR AN ACT RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST INDUSTRIAL ENTERPRISES,"

beg leave to report as follows:

The purpose of this bill is to authorize the issuance of special purpose revenue bonds to assist PLK Air Services Group, LLC, in planning, designing, constructing, equipping, and furnishing a Kona coffee and macadamia manufacturing facility and air cargo logistics and fulfillment center at Kona International Airport.

PLK Air Services Group, LLC, and two concerned individuals supported this bill. Kona Pacific Farmers Cooperative and Honaunau Coffee Company, Inc., opposed this bill. The Department of Budget and Finance offered comments.

As affirmed by the records of votes of the members of your Committees on Transportation and Agriculture that are attached to this report, your Committees are in accord with the intent and purpose of H.B. No. 1556 and recommend that it pass Second Reading and be referred to the Committee on Finance.

 

 

Respectfully submitted on behalf of the members of the Committees on Transportation and Agriculture,

 

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FELIPE P. ABINSAY, JR., Chair

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JOSEPH M. SOUKI, Chair