CONFERENCE COMMITTEE REP. NO.162
Honolulu, Hawaii
, 2001
RE: H.B. No. 1662
H.D. 1
S.D. 2
C.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-First State Legislature
Regular Session of 2001
State of Hawaii
Honorable Robert Bunda
President of the Senate
Twenty-First State Legislature
Regular Session of 2001
State of Hawaii
Sir:
Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in H.B. No. 1662, H.D. 1, S.D. 2, entitled:
"A BILL FOR AN ACT RELATING TO THE HIGH TECHNOLOGY DEVELOPMENT CORPORATION,"
having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.
The purpose of this bill is to:
(1) Repeal part III of chapter 206M, Hawaii Revised Statutes, concerning special facility revenue bonds, enact replacement provisions, and makes the provisions retroactive to April 28th, 2000;
(2) Clarify that the Governor's and the Legislature's approvals are required before the issuance of any special facility revenue bonds by the High Technology Development Corporation;
(3) Appropriate funds to support high technology marketing and promotion;
(4) Appropriate funds to support a new position for biotechnology development;
(5) Appropriate funds for start-up technology companies within incubators; and
(6) Define "incubators" to mean facilities that foster start-up companies and entrepeneurship by providing affordable access to office space, shared equipment and common areas, management expertise, and a supportive environment for growing businesses.
This measure has been amended by deleting its substance and appropriating $150,000 for fiscal year 2001-2002 for high technology marketing and promotion.
As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of H.B. No. 1662, H.D. 1, S.D. 2, as amended herein, and recommends that it pass Final Reading in the form attached hereto as H.B. No. 1662, H.D. 1, S.D. 2, C.D. 1.
Respectfully submitted on behalf of the managers:
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ON THE PART OF THE SENATE |
ON THE PART OF THE HOUSE |
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____________________________ ROD TAM, Chair |
____________________________ LEI AHU ISA, Co-Chair |
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____________________________ BRIAN T. TANIGUCHI, Co-Chair |
____________________________ DWIGHT Y. TAKAMINE, Co-Chair |
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