STAND. COM. REP. NO. 1449

                                   Honolulu, Hawaii
                                                     , 1999

                                   RE:  H.B. No. 1683
                                        H.D. 2
                                        S.D. 2




Honorable Norman Mizuguchi
President of the Senate
Twentieth State Legislature
Regular Session of 1999
State of Hawaii

Sir:

     Your Committee on Ways and Means, to which was referred H.B.
No. 1683, H.D. 2, S.D. 1, entitled: 

     "A BILL FOR AN ACT RELATING TO HIGH TECHNOLOGY,"

begs leave to report as follows:

     The purpose of this bill is to establish a high technology
research park at the research park of the University of Hawaii at
Hilo.

     This measure also authorizes the High Technology Development
Corporation, attached to the Department of Business, Economic
Development, and Tourism, to render services to the University of
Hawaii at Hilo to develop the high technology research park.

     Your Committee finds that development of a high technology
park is necessary to draw the high technology industry to the
State.  Furthermore, your Committee finds that the research park
at the University of Hawaii at Hilo offers an ideal location for
high technology development.  The park currently houses base
facilities that can be adapted to serve high technology needs,
especially in the area of biotechnology.

     Your Committee has amended this measure by making some
technical nonsubstantive amendments.

 
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                                   STAND. COM. REP. NO. 1449
                                   Page 2


     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.
1683, H.D. 2, S.D. 1, as amended herein, and recommends that it
pass Third Reading in the form attached hereto as H.B. No. 1683,
H.D. 2, S.D. 2.

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



                                 ________________________________
                                 CAROL FUKUNAGA, Co-Chair



                                 ________________________________
                                 ANDREW LEVIN, Co-Chair

 
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