Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2002

State of Hawaii

Sir:

Your Committee on Economic Development and Business Concerns, to which was referred S.B. No. 2912, S.D. 1, entitled:

begs leave to report as follows:

The purpose of this bill is to appropriate an unspecified amount of funds to promote and market major aquaculture, algae, marine products, research in biotechnology, waste management, renewable resources, and potential energy production. Funds are also to be used to promote commercial fisheries and potential cleanup of extensive fishpond areas in East and West Hawaii.

The Hawaii Island Economic Development Board and a concerned citizen supported this bill. The Natural Energy Laboratory of Hawaii Authority supported the intent of this measure.

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 S.B. No. 2912, S.D. 1, and recommends that it pass Second Reading and be referred to the Committee on Water and Land Use.