STAND. COM. REP. NO. 609-00

                                 Honolulu, Hawaii
                                                   , 2000

                                 RE: H.B. No. 2356
                                     H.D. 1




Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No.
2356, H.D. 1, entitled: 

     "A BILL FOR AN ACT RELATING TO THE HIGH TECHNOLOGY
     DEVELOPMENT CORPORATION,"

begs leave to report as follows:

     The purpose of this bill is to consolidate the state's
technology activities under the governor's special advisor for
technology development in order to provide a more focused effort
in recruiting, retaining, and expanding technology industries in
Hawaii. 

     The Governor's Special Advisor on Technology Development,
the Department of Business, Economic Development, and Tourism,
and the HTDC testified in support of the intent of the bill.  The
Hawaii Strategic Development Corporation commented on the
measure.  An individual testified in opposition to the bill.

     As affirmed by the record of votes of the members of your
Committee on Finance that is attached to this report, your
Committee is in accord with the intent and purpose of H.B. No.
2356, H.D. 1, and recommends that it pass Third Reading.


 
 
 
 
 
 
 
                                 STAND. COM. REP. NO. 609-00
                                 Page 2

 
                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Finance,



                                   ______________________________
                                   DWIGHT Y. TAKAMINE, Chair