STAND. COM. REP. NO. 2849

                                   Honolulu, Hawaii
                                                     , 2000

                                   RE:  H.B. No. 2802
                                        




Honorable Norman Mizuguchi
President of the Senate
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Sir:

     Your Committee on Economic Development, to which was
referred H.B. No. 2802 entitled: 

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

begs leave to report as follows:

     The purpose of this measure is to authorize issuance of an
unspecified amount of special purpose revenue bonds to assist the
Hawaii Food Resource Center in planning and building a multi-
function food processing facility on Oahu.

     Testimony in favor of this measure was submitted by the
Department of Agriculture, Office of Hawaiian Affairs, and First
Commercial Kitchen.  The Hawaii Manufacturing Extension
Partnership presented oral testimony in support.

     Your Committee finds that this measure would provide a venue
for small food businesses and micro-enterprises to start their
ventures at a low cost, by using the necessary kitchen and safety
equipment, as well as the technical assistance, which would be
available through the Hawaii Food Resource Center.  Your
Committee believes such opportunities are vital to the further
diversification of the growing food products business in Hawaii.

     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

 
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                                   STAND. COM. REP. NO. 2849
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of H.B. No. 2802 and recommends that it pass Second Reading and
be referred to the Committee on Ways and Means.

                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Economic
                                   Development,



                                   ______________________________
                                   LORRAINE R. INOUYE, Chair

 
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