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. 697 entitled:

begs leave to report as follows:

The purpose of this bill is to repeal chapter 206P, Hawaii Revised Statutes, otherwise known as the Hawaii Telecommunications and Information Industries Act.

Testimony in support of this measure was submitted by the Office of the Lieutenant Governor and the Department of Budget and Finance.

Chapter 206P, Hawaii Revised Statutes, established the Hawaii Information Network Corporation (Hawaii INC.) to encourage the development of the information industry. Your Committee finds that since July of 1995, Hawaii INC. was officially closed because of lack of funding. Your Committee further finds that there are no plans to resurrect or fund Hawaii INC. The administrative rules relating to chapter 206P were eliminated by Act 283, Sessions Laws of Hawaii 2000.

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. 697 and recommends that it pass Second Reading and be referred to the Committee on Consumer Protection and Commerce.