Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Sir:

Your Committee on Finance, 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. This chapter established the now-defunct and unfunded Hawaii Information Network Corporation.

The Office of the Lieutentant Governor and the Department of Budget and Finance submitted testimony in support of this bill.

As affirmed by the record of votes of the members of your Committee on Finance 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 Third Reading.