Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Sir:

Your Committees on Economic Development and Business Concerns and Legislative Management, to which was referred S.C.R. No. 29, S.D. 1, entitled:

beg leave to report as follows:

The purpose of this concurrent resolution is to establish a joint legislative task force to develop goals and an implementation plan to improve and diversify Hawaii's economy.

Testimony in support of this measure was received from the Department of Business, Economic Development, and Tourism (DBEDT) and Verizon Hawaii, Inc.

Your Committees find that diversifying Hawaii's economy is essential in ensuring the long-term economic health and viability of the State of Hawaii. The creation of an economic task force is an important step in developing and expanding Hawaii's industries.

Upon further consideration, your Committees have amended this concurrent resolution by:

(2) Amending its title to read: "REQUESTING THE FORMATION

OF AN ECONOMIC TASK FORCE TO DEVELOP CLEAR GOALS AND

AN IMPLEMENTATION PLAN TO IMPROVE HAWAII'S ECONOMIC

DIVERSITY, AND REQUESTING THE DEPARTMENT OF TAXATION

AND THE DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT,

AND TOURISM, WITH THE ASSISTANCE AND RECOMMENDATIONS

OF THE HAWAII TELEVISION AND FILM DEVELOPMENT BOARD,

TO CONSIDER CHANGES TO THE CRITERIA FOR MOTION PICTURE

AND TELEVISION TAX INCENTIVES;" and

As affirmed by the records of votes of the members of your Committees on Economic Development and Business Concerns and Legislative Management that are attached to this report, your Committees concur with the intent and purpose of S.C.R. No. 29, S.D. 1, as amended herein, and recommend its adoption in the form attached hereto as S.C.R. No. 29, S.D. 1, H.D. 1.