COM. REP. NO. 145
RE: H.B. No. 119
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirty-First State Legislature
Regular Session of 2021
State of Hawaii
Your Committee on Economic Development, to which was referred H.B. No. 119 entitled:
"A BILL FOR AN ACT RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST KAUNALEWA,"
begs leave to report as follows:
The purpose of this measure is to replace E Ola Mau Na Leo O Kekaha with Kaunalewa as the entity authorized to receive special purpose revenue bonds issued to assist with the acquisition, remediation, and development of the old Kekaha Sugar Mill in Kekaha, Kauai, Hawaii.
Your Committee finds that there is an
immediate need to remediate the old Kekaha Sugar Mill from sugar-era legacy
chemicals on the parcel, particularly because of its proximity to a charter
school and public housing properties.
This measure supports the success of Kaunalewa in its efforts to clean
and repurpose this historic area as an economic hub in alignment with the
region's plantation and Hawaiian history.
Your Committee has amended this measure by changing
the effective date to July 1, 2050, to encourage further discussion.
As affirmed by the record of votes of the members of your Committee on Economic Development that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 119, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 119, H.D. 1, and be referred to your Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Economic Development,
SEAN QUINLAN, Chair