STAND. COM. REP. NO. 2183

                                   Honolulu, Hawaii
                                                     , 2000

                                   RE:  S.B. No. 3064
                                        




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 S.B. No. 3064 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 the issuance of
special purpose revenue bonds in an unspecified amount to assist
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, the Department of Business, Economic
Development, and Tourism, and First Commercial Kitchen.

     Your Committee finds that community incubator kitchens offer
users a safe and more efficient facility to expand or develop
value-added products, and often assist these small entrepreneurs
in developing critical marketing skills.  Successful programs
such as the Honokaa Ohana Kitchen and Hamakua Incubator Kitchen
on Hawaii, and the Waioli Poi Factory on Oahu have empowered
their communities to take a proactive part in determining their
economic futures.

     Your Committee further finds that this measure would expand
a currently successful operation, enabling the addition of new
product lines and providing opportunities for new businesses.
Your Committee has also been assured that these community

 
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kitchens meet stringent health standards.  Your Committee finds
that this measure provides strong economic benefits for the
people of Hawaii, and contributes to efforts to diversify
Hawaii's economy.

     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 S.B. No. 3064 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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