2026-10-20 - Budget

Summary

Based on human-uploaded captions, which may still contain errors (names and numbers may be wrong).

  • Tuesday, October 20, 2026, 9:05 a.m. to about 16:10 of video.
  • Committee Chair Okimoto ran a short Budget Committee meeting.
  • Bill 44 (2026) had been cancelled and was not taken up.
  • No one registered to testify in person or remotely on any item.
  • All three items were reported out of committee without objection.
  • Official written summary: Chair Okimoto called the meeting to order at 9:05 a.m.; Kiaʻāina, Nishimoto and Tulba were present and Cordero and Waters excused. Each of the three items was reported out 4-0 (aye: Kiaʻāina, Nishimoto, Okimoto, Tulba). Adjourned 9:17 a.m. The summary logs the item times from 9:08 to 9:16 a.m. and no public testimony, consistent with the captions.

RES26-222 Wastewater junior revenue bonds, Series 2026

07:09-10:06

  • Resolution authorizing the Director of Budget and Fiscal Services to issue and sell up to $210 million in junior wastewater system revenue bonds.
  • Environmental Services Deputy Director Brick said the department supports it and plans to sell variable-rate bonds this year because of market conditions; if conditions hold, he estimated about $5 million in debt service savings this year.
  • Kiaʻāina supported both bond measures; two projects in her district are affected (the Kailua wastewater treatment plant and the Heʻeia wastewater pump station improvements).
  • Outcome: reported out for adoption, no objections.
  • Official record: committee report 282(26), 4-0; related communication D-611(26).

RES26-225 Wastewater senior revenue bonds, Series 2026

10:09-12:47

  • Resolution authorizing up to $205 million in senior wastewater system revenue bonds, a refunding of outstanding 2016 series bonds.
  • Brick said whether to proceed depends on market conditions; it could produce some savings and more flexibility in future debt service. He had no savings estimate. Asked by Vice Chair Nishimoto whether rates would fall, he said that is hard to say and the restructuring is currently borderline; savings would come if rates drop.
  • Outcome: reported out for adoption, no objections.
  • Official record: committee report 283(26), 4-0; related communication D-609(26).

Bill 40 (2026) CD1 Real property taxation

12:52-15:55

  • Bill relating to real property taxation, tied to affordable housing with restrictions; the CD1 draft was worked out with Dos Santos-Tam's office.
  • Real Property Assessment Administrator Takara said the department has no objections and finds the CD1 acceptable.
  • Kiaʻāina asked whether similar projects in the future would need a more general fix rather than case-by-case relief. Takara said his understanding is that the bill covers all projects in these circumstances.
  • Outcome: reported out for passage on third reading, no objections.
  • Official record: committee report 281(26), 4-0; related communication M-431(26) (testimony on Bill 40).

Other business

  • Bill 44 (2026), agenda item 4 (see Parks Funding Reform), was cancelled and not considered. The final agenda item was also announced as cancelled earlier. Meeting adjourned.

Caption note: these are human-uploaded captions and may still contain errors; names and numbers may be misheard.

Time on topic

Topic Minutes Share
RES26-222 Wastewater junior revenue bonds, Series 2026 3 33%
RES26-225 Wastewater senior revenue bonds, Series 2026 3 33%
Bill 40 (2026) CD1 Real property taxation 3 33%

Agenda

Wastewater system revenue bond resolutions (RES26-222, RES26-225) and Bill 40 CD1 on real property taxation.

Sources

Video

Watch the video

Transcript

These are human-uploaded captions and may still contain errors; names and numbers may be misheard.

Transcript

01:27♪

01:28COMMITTEE ON BUDGET ♪

01:41MOVED ANDRESP(NO RES

02:01♪

02:02♪

02:02♪

02:02♪

02:03♪

02:03♪

02:03♪

02:03♪

02:04♪

02:44♪

02:49IT ♪

02:50♪

02:52♪

03:40$2,035,000,000

03:41$2,035,000,000

03:44$20,205,000,000

03:52$205 MILLION

04:04>>Chair Okimoto: ALOHA

04:05GOOD MORNING EVERYONE.

04:06IT IS 9:05 A.M.

04:07ON TUESDAY, OCTOBER 20, 2026.

04:09AND I CALL CONTEMPLATE EVEN

04:11BUDGET MEETING TO ORDER.

04:12COMATE E.

04:13WELCOME, COMMITTEE CHAMBER

04:16WITH US CHARLIE WHITE T CHARLIE

04:17WHITE E VICE CHAIR SCOTT

04:18NISHIMOTO AND KIA'AINA AND

04:20TUTULBA CORDERO AND CHAIR WATER

04:23EXCUSED.

04:26FROM THE TODAY'S MEETING.

04:26ALTHOUGH REMOTE ORAL TESTIMONY

04:27IS BEING PRORE P PERSPECTIVE

04:30MISDEMEANOR REGULAR

04:30NORTHWESTERN MEETING NOT A

04:31REMOTE MEETING BY INTERACTIVE

04:32CONFERENCE TECHNOLOGY, UNDER

04:34SECTION 29-3.7.

04:37HAWAII REVISED STATUTES.

04:38THEREFORE, MEETING CONTINUE

04:40NOT WITHIN STAYING LOSS OF

04:41AUDIO-VIDEO COMMUNICATION WITH

04:43PROMOTE TESTIFIERS OR LOSS OF

04:46PUBLIC BROADCAST OF THE

04:47MEETING.

04:47MEMBERS OF THE PUBLIC WILL BE

04:48ALLOWED TO PROVIDE ORAL

04:49TESTIMONY ON ALL ITEMS ON THE

04:52AGENDA IN PERSON IN THE

04:54COUNCIL CHAMBER AND REMOTELY

04:55WHEN EACH AGENDA ITEM IS T TAKE

04:59UP.

05:00BOTH AS BOTH ENGLISH AND

05:01HAWAIIAN ARE OFFICIAL

05:02LANGUAGES OF THE STATE OF

05:02HAWAII, PURSUANT TO ARTICLE 1

05:0315, SECTION 4 OF THE HAWAII

05:06STATE SEW CONSTITUTION 1-13 OF

05:09HAWAII REVISED STATUTES,

05:11MEMBERS OF THE PUBLIC MAY

05:12TESTIFY IN EITHER LANGUAGE.

05:14EL ORAL TESTIMONIES OFFERED IN

05:15OLELO HAWAII, ADDITIONAL TIME

05:18AS MAY BE NECESSARY WILL BE

05:19ALLOWED FOR THE TESTIFIER TO

05:21PROVIDE ENGLISH TRANSLATION OF

05:22THEIR TESTIMONY.

05:24BEFORE TESTIFYING, EACH PERSON

05:25SHALL STATE THEIR NAME.

05:28EACH SPEAKER MAY NOT HAVE

05:28ANYONE ELSE READ THEIR

05:29STATEMENT.

05:29AND LIMIT TIED A ONE-MINUTE

05:31PRESENTATION ON EACH ITEM.

05:33ALL PERSONS REGISTERED TO

05:35TESTIFY IN PERSON WILL BE

05:36CALLED UPON FIRST.

05:38TIMER GOES OFF PLEASE CONCLUDE

05:42REMARKS PROMPTLY.

05:42PERSON IS NOT REGISTERED WILL

05:43BE GIVEN OPPORTUNITY TO

05:44TESTIFY FOLLOWING REGISTERED

05:45TESTIFIERS.

05:47ONCE IN-PERSON TESTIMONY HAS

05:48CONCLUDED, I WILL PROCEED TO

05:51REMOTE TESTIMONY.

05:54ALL PERSONS REGISTERED TO

05:55TESTIFY REMOTELY BY VIDEO

05:57CONFERENCE OR TELEPHONE WILL

05:58THEN BE CALLED UPON.

06:00WHEN YOUR NAME IS CALLED

06:01MONITOR YOUR SCREEN AND

06:03ACTIVATE AUDIOFEED WHEN PRO

06:04PROMPTED.

06:05PERSONS TESTIFYING BY

06:06TELEPHONE ONLY ONLY, I WILL

06:07IDENTIFY YOU BY THE LAST THREE

06:08DIGITS OF YOUR PHONE NUMBER.

06:12WHEN YOUR NUMBER IS CALLED

06:13PLEASE LIST FORTNITE PROMPT TO

06:14UNMEET AND PRESS STAR 6.

06:17WHEN YOU CALL FOR ANYONE, ELSE

06:18STANDING BY REMOTELY, UTILIZE

06:21THE ZOOM RAISED HAND BUTTON TO

06:21INDICATES YOUR DESIRE TO SP

06:24SPEAK.

06:24PLEASE UNMUTE.

06:24JOYING TELEPHONE ONLY ONLY

06:25PLEASE PRESS STAR 9 TO

06:26INDICATE YOUR D DESIRE TO SPEAK.

06:29JOINING BY TELEPHONE ONLY ON

06:30ONLY.

06:31FRIENDLY REMINDERS AND TIPS

06:32VIDEO QUIET LOCATION F IF

06:36POSSIBLE.

06:37MUTE YOUR TELEVISION WILL W WHE

06:39YOU ARE CALLED TO TESTIFY.

06:42TIMER ON SCREEN REACHES ZERO

06:43PLEASE CONCLUDE YOUR REMARKS

06:44PROMPTLY.

06:44WRITTEN TESTIMONIES INC INCLUDI

06:46TESTIFIER'S CREASE ADDRESS

06:47EMAIL ADDRESS AND PHONE NUMBER

06:48WILL BE AVAILABLE TO THE

06:51PUBLIC AS DISIEB E'O DESCRIBED

06:51POSTED AGENDA.

06:53DESCRIBED POSTED AGENDA.

06:54PLEASE TURN OFF ALL CELL

06:55PHONES FOR THE DURATION OF

06:56THIS MEETING.

06:57MEMBERS ITEM NUMBER 4 BILL 44,

07:002026, ON PAGE 3, OF THE AGE

07:04AGENDA, HAS BEEN CAN IS HE AND

07:06WILL NOT BE CONSIDERED TODAY.

07:09MOVING ON AGENDA ITEM NUMBER

07:091.

07:09FOR ACTION, RESOLUTION 26-222,

07:14THIS RESOLUTION AUTHORIZES

07:16DIRECTOR OF BUDGET AND FISCAL

07:16SERVICES TO ISSUE AN SELL NOT

07:17TO EXCEED $210 MILLION

07:21PRINCIPAL AMOUNT OF WASTEWATER

07:24SYSTEM REVENUE BONDS.

07:29JUNIOR SERIES 2026 AND RELATED

07:29MATTERS.

07:30BEFORE CALLING UP THE

07:30ADMINISTRATION, NOW PROCEED

07:32WITH IN-PERSON TESTIMONY IN

07:33THE COUNCIL CHAMBER.

07:35CLERK ANY REGISTERED TEST

07:37TESTIFIERS FOR THIS ITEM.

07:38>>Council Clerk: CHAIR,

07:38THERE ARE NONE.

07:39>>Chair Okimoto: THANK Y

07:41YOU.

07:41KNOW REGISTERED TESTIFIERS, NO

07:45ONE ELSE IN PERSON LIKE TO

07:48TESTIFY, PROCEED WITH RESULT.

07:50ANY REGISTERED TESTIFIERS FOR

07:51THIS ITEM?

07:53RENTAL AGREEMENT.

07:53>>Council Clerk: CHAIR,

07:56REMOTE TESTIMONY.>>Chair Okimot

07:57NONREGISTERED REMOTE

07:57TESTIFIERS WOULD LIKE TO,

07:59PROCEED AT THIS TIME?

08:02SEEING NONE.

08:03PROCEED WITH OUR

08:05ADMINISTRATION.

08:06WELCOME TO THE DEPARTMENT OF

08:07ENVIRONMENTAL SERVICES, DEPUTY

08:10DIRECTOR DANIEL BRICK. GOOD

08:12MORNING.

08:13DEPUTY DIRECTOR.

08:14>>Testifier: THANK YOU CH

08:18CHAIR.

08:18THANK YOU COUNCILMEMBERS.

08:20DAN BRICK E DEPUTY DIRECTOR

08:23DEPARTMENT OF ENVIRONMENTAL

08:23SERVICES.

08:24WE SUPPORT THIS RESOLUTION.

08:26WHICH AUTHORIZES UP TO

08:28$210 MILLION IN THE JUNIOREL

08:30LEAGUE WASTEWATER REVENUE BO

08:32BONDS.

08:33WE ARE PLANNING ON SELLING

08:34VARIABLE RATES BONDS, THIS

08:38YEAR.

08:39AND THIS IS DUE TO MARKET

08:40CONDITIONS.

08:42WE BELIEVE WE CAN HAVE A

08:45BETTER INTEREST RATES ON THESE

08:47BONDS.

08:49AND IF CONDITIONS MAINTAIN HOW

08:52THEY ARE CURRENTLY, WE BELIEVE

08:55WE COULD PROVIDE 5 MILLION IN

08:59SAVINGS FOR THIS YEAR.

09:00SAVINGS DEBT SERVICE WE WOULD

09:01HAVE PAID GOING WITH THE

09:02VARIABLE RATE BONDS.

09:04WE BELIEVE THAT IS BEST

09:05STRATEGY FOR OUR BOND SALE.

09:08THIS YEAR.

09:10AND I'M HAPPY TO ANSWER ANY

09:12QUESTIONS.

09:13>>Chair Okimoto: THANK YOU

09:14DEPUTY DIRECTOR.

09:15MEMBERS ANY QUESTIONS FOR

09:16DEPUTY DIRECTOR?

09:19NO?

09:19OKAY.

09:19THANK YOU VERY MUCH.

09:21SEEING NONE MEMBERS WE ARE IN

09:22DISCUSSION.

09:24KIA'AINA.

09:25>>Councilmember Kia'aina:

09:25THANK YOU CHAIR.

09:27WANT TO OFFER MY P FULL

09:28SUPPORT FOR BOTH.

09:30MEASURES.

09:30BOTH THE JUNIOR SERIES AS WELL

09:33AS SENIOR SERIES.

09:37I HAVE TWO PLANTS IMPACTED IN

09:39MY DISTRICT THAT WOULD BE THE

09:42KAILUA WASTEWATER TREATMENT

09:42PLANT AND THE HE'EIA

09:44WASTEWATER PUMP STATION

09:46IMPROVEMENTS.

09:47SO GREATLY APPRECIATE YOUR

09:48KOKUA.

09:48THANK YOU.

09:50>>Chair Okimoto: THANK YOU

09:51MACOUNCILMEMBER KIA'AINA.

09:53FURTHER DISCUSSION?

09:56SEEING NO FURTHER DISCUSSION.

09:57CHAIR RECOMMENDS THAT IS

09:58RESOLUTION 26-222 BE REPORTED

10:00OUT FOR ADOPTION.

10:02ANY DISCUSSION?

10:02ANY OBJECTIONS?

10:05ANY RESERVATIONS?

10:06HEARING NONE.

10:06SO ORDERED.

10:09MOVING ON TO AGENDA ITEM

10:10NUMBER 2.

10:12FOR ACTION.

10:12RESOLUTION 26-225.

10:15THIS RESOLUTION AUTHORIZES

10:16DIRECTOR OF BUDGET AND FISCAL

10:18SERVICES TO ISSUE AND SELL NOT

10:21TO EXCEED $205 MILLION

10:23PRINCIPAL AMOUNT OF WASTEWATER

10:25SYSTEM REVENUE BONDS SENIOR

10:29SERIES 2026 AND RELATED

10:30MATTERS.

10:31BEFORE CALLING UP

10:31ADMINISTRATION, NOW PROCEED

10:33WITH IN-PERSON TESTIMONY IN

10:34THE COUNCIL CHAMBER.

10:36CLERK ANY IN-PERSON TESTI

10:38TESTIFIERS?

10:38>>Council Clerk: CHAIR,

10:39THERE ARE NONE.

10:39>>Chair Okimoto: THANK Y

10:40YOU. PROCEEDING ON WITH

10:40REMOTE TESTIMONY.

10:43ANY REMOTE TESTIFIERS?

10:45>>Council Clerk: CHAIR,

10:45THERE ARE NONE.

10:46>>Chair Okimoto: THANK Y

10:47YOU.

10:48NO FURTHER TESTIMONY.

10:50WELCOME DEPUTY DIRECTOR FROM

10:52DEPARTMENT OF ENVIRONMENTAL

10:52SERVICES, DEPUTY DIRECTOR

10:55BRICK.

10:55>>Testifier: THANK YOU CH

10:56CHAIR.

10:56THANK YOU COUNCILMEMBERS.

10:58WE SUPPORT THIS RESOLUTION.

10:59AUTHORIZES $205 MILLION IN

11:03SENIOR WASTEWATER REVENUE BO

11:05BOND.

11:05THIS IS REFUNDING OF

11:07OUTSTANDING SERIES FROM 2016.

11:11THIS IS MARKET DEPENDENCE

11:13WHETHER WE GO THROUGH WITH

11:14THIS OR NOT.

11:16BUT IT WILL PROVIDE POTE

11:17POTENTIALLY SOME SAVINGS AND

11:20IT CAN PROVIDE SOME

11:20FLEXIBILITY IN OUR DEBT

11:23SERVICE MOVING FORWARD.

11:25>>Chair Okimoto: THANK YOU

11:26DU SAID POSSIBLE SAVINGS

11:29PREVIOUS MEASURE YOU MENTIONED

11:31ABOUT 5 MILLION. DO YOU HAVE

11:34AN AMOUNT FOR THIS MEASURE?

11:34>>Testifier: I DO NOT.

11:35REALLY DEPENDS ON MARKET

11:36CONDITIONS.

11:37DEPUTY DIRECTOR.

11:38>>Chair Okimoto: THANK Y

11:38YOU.

11:38MEMBERS ANY QUESTIONS FOR THE

11:39DEPUTY DIRECTOR?

11:42COMMITTEE VICE CHAIR NISH

11:43NISHIMOTO.

11:43>>Vice Chair Nishimoto:

11:44THANK YOU.

11:46SO YOU BELIEVE INTEREST RATES

11:47ARE GOING TO GO DOWN?

11:49>>Testifier: IT'S HAD A RTD

11:50TO SAY.

11:51YEAH.

11:52HARD TO SAY.

11:53>>Vice Chair Nishimoto:

11:53THAT'S WHERE THE SAVINGS ARE,

11:54RIGHT?

11:55>>Testifier: IF ARE YOU

11:58TALKING LIKE IN THE NEAR TERM?

12:00>>Vice Chair Nishimoto:

12:00YEAH.

12:01>>Testifier: I MEAN, THEY

12:02COULD GO DOWN.

12:03SO CURRENTLY, THIS RESTR

12:06RESTRUCTURING IS KIND OF

12:07BORDERLINE.

12:08WHETHER WE PROCEED OR NOT.

12:10IF INTEREST RATES DO GO DOWN,

12:13WE CAN SAVINGS OUT OF THIS

12:14REFUNDING.

12:17BUT RESTRUCTURES SOME OF OUR

12:20PREVIOUS DEBT SERVICE AND

12:21PROVIDES MORE FLEXIBILITY.

12:23>>Vice Chair Nishimoto:

12:24THANK YOU.

12:25>>Chair Okimoto:

12:25>>Testifier: YO

12:27>>Chair Okimoto: THANK Y

12:28YOU.

12:29MEMBERS FURTHER QUESTIONS?

12:30SEESEEING NO FURTHER QUESTIONS.

12:32MEMBERS WE'RE IN DISCUSSION.

12:36SEEING NO FURTHER DISCUSSION,

12:37CHAIR RECOMMENDS THAT

12:38RESOLUTION 26-225 BE REPORTED

12:40OUT FOR ADOPTION.

12:42ANY FURTHER DISCUSSION?

12:43ANY OBJECTIONS?

12:45ANY RESERVATIONS?

12:46HEARING NONE.

12:47SO ORDERED.

12:50THANK YOU. MOVING ON TO

12:52AGENDA ITEM NUMBER 3.

12:53FOR ACTION.

12:54BILL 40*, 2026.

12:56CD1.

12:57THIS BILL RELATES TO REAL

12:59PROPERTY TAXATION.

13:01BEFORE CALLING UP THE

13:01ADMINISTRATION, NOW PROCEED

13:04WITH IN-PERSON TESTIMONY IN

13:04THE COUNCIL CHAMBER.

13:07DO DOCTOR, SUNNY IN-PERSON

13:09TESTIFIERS FOR THIS ITEM.

13:10>>Council Clerk: CHAIR,

13:11TRR NONE.

13:11>>Chair Okimoto: THANK Y

13:12YOU.

13:13REMOTE TESTIMONY.

13:15ANY REMOTE TESTIFIERS?

13:17>>Council Clerk: CHAIR,

13:17THERE ARE NONE.

13:18>>Chair Okimoto: THANK Y

13:19YOU.

13:20SEEING NO FURTHER TESTIMONY.

13:21JOINING US TODAY, FROM THE

13:24REAL PROPERTY -- DEPARTMENT OF

13:25BUDGET AND FISCAL SERVICES.

13:27OUR REAL PROPERTY ASSESSMENT

13:29ADMINISTRATOR STEVE TAKARA.

13:31>>Testifier: GOOD MORNING.

13:33COUNCILMEMBERS.

13:35EL REAL PROPERTY ASSESSMENT

13:38ADMINISTRATOR.

13:39AND HERE TO SPEAK WITH BITS

13:41ABOUT BILL 40, CD1.

13:44WE HAVE NO OBJECTIONS OR FIND

13:47CD1 ACCEPTABLE AND PLEASURE TO

13:49WORK WITH COUNCILMEMBER TYLER

13:52DOS-SANTOS TAM'S OFFICE.

13:54OPEN FOR ANY QUESTIONS YOU MAY

13:54HAVE.

13:56>>Chair Okimoto:

13:57COUNCILMEMBER KIA'AINA?

13:58>>Councilmember Kia'aina:

13:58THANK YOU.

13:59THANK YOU ADMINISTRATOR.

14:00I HAVE A QUESTION WITH REGARD

14:02TO OTHERS FIND THEMSELVES IN

14:04SIMILAR CIRCUMSTANCES.

14:06I APPRECIATE GOOD WORK YOU

14:08GUYS PUT IN THIS BUT I GUESS

14:10MY CONCERN IS IN THE LONG RUN.

14:12IS THERE GOING TO BE A NEED

14:14FOR SOMETHING THAT WILL TAKE

14:17INTO KITTY IN SUCH PROJECTS

14:19THAT MAY FALL UNDER THE

14:21SIMILAR CIRCUMSTANCES?

14:23OR WOULD WE HAVE TO KEEP ONE

14:25OFFING THEM WHEN THEY COME AND

14:30SO WHAT IS YOUR MANA'O ON TH

14:31THAT?

14:31>>Testifier: IF I UNDERSTAND

14:32YOUR QUESTION, CORRECTLY, THIS

14:36BILL ADDRESSES THE AFFORDABLE

14:39HOUSING WITH RESTRICTIONS.

14:41ARE YOU ASKING ABOUT N

14:42NONAFFORDABLE, NONRESTRICTIVE.

14:44>>Councilmember Kia'aina:

14:45WONDERING ABOUT THE FUTURE,

14:46FOR PROJECTS IN SIMILAR

14:47CIRCUMSTANCES, DO WE HAVE TO

14:49LOOK AT AN MORE GENERAL FIX

14:52THAT IS NOT PROJECT SPECIFIC,

14:55OR DO YOU BELIEVE THAT THIS IS

14:57UNUSUAL AND IT WARRANTS JUST

15:00NARROWLY TAYLORING IT TO IT

15:01THIS PROJECT?

15:01>>Testifier: I BELIEVE IF I

15:04UNDERSTAND BILL 40, CD1

15:06CORRECTLY, IT BLANKET ALL

15:08PROJECTS THAT FIT UNDER THE

15:10THESE CIRCUMSTANCES.

15:12KIA'AINA TERRIFIC THEN.

15:12>>Testifier: MOVING FORWARD.

15:14>>Chair Okimoto: HE.

15:15>>Councilmember Kia'aina:

15:15THANK YOU.

15:16>>Testifier: OCCUPYING RIGHT

15:17AFTER THE HOME EXEMPTIONS

15:18DEADLINE.

15:19ALL THIS OTHER STUFF.

15:22>>Councilmember Kia'aina:

15:22THANK YOU GUYS FOR YOUR WORK

15:23ON THIS.

15:23>>Testifier: THANK YOU.

15:25>>Chair Okimoto:

15:26>>Chair Okimoto: THANK YOU

15:27COUNCILMEMBER KIA'AINA.

15:28FURTHER QUESTIONS FOR

15:30ADMINISTRATOR TAKARA?

15:32THANK YOU.

15:34SEEING NO FURTHER QUESTIONS,

15:35MEMBERS WE ARE IN DISCUSSION.

15:40SEEING NO FURTHER QUESTIONS

15:41FURTHER DISCUSSION.

15:42CHAIR RECOMMENDS THAT BILL 40,

15:442026, CD1 BE REPORTED OUT

15:47PASSAGE ON THIRD READING.

15:49ANY FURTHER DISCUSSION?

15:51ANY OBJECTIONS?

15:53ANY RESERVATIONS?

15:54HEARING NONE.

15:55SO ORDERED.

16:03AGENDA ITEM NUMBER HAD.

16:04MEMBERS A UPS NOD EARLIER,

16:04THIS ITEM HAS BEEN CANCELED.

16:06ANNOUNCED EARLIER.

16:07THERE BEING NO FURTHER

16:09BUSINESS, THIS MEETING IS

16:10ADJOURNED.

16:11>>(ADJOURNED).

16:12♪