STAND. COM. REP. NO.287
Honolulu, Hawaii
, 2001
RE: H.B. No. 430
H.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-First State Legislature
Regular Session of 2001
State of Hawaii
Sir:
Your Committee on Economic Development and Business Concerns, to which was referred H.B. No. 430 entitled:
"A BILL FOR AN ACT MAKING AN APPROPRIATION TO RECRUIT INVESTMENT FROM PACIFIC RIM COUNTRIES IN SUPPORT OF COMMUNITY-BASED ECONOMIC DEVELOPMENT,"
begs leave to report as follows:
The purpose of this bill is appropriate funds to create a civil service exempt position to implement the Foreign Investment Recruitment Program within the Community-based Economic Development Program of the Department of Business, Economic Development, and Tourism (DBEDT) that focuses on recruiting investment from specified countries in the Asia-Pacific region.
DBEDT submitted comments on this measure.
Your Committee has amended this bill by:
(1) Changing the amount of the appropriation to $1 to facilitate further discussion on the financial aspect of the bill; and
(2) Making technical, nonsubstantive amendments for purposes of clarity, consistency, and style.
As affirmed by the record of votes of the members of your Committee on Economic Development and Business Concerns that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 430, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 430, H.D. 1, and be referred to the Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Economic Development and Business Concerns,
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____________________________ LEI AHU ISA, Chair |
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