Honorable Robert Bunda

President of the Senate

Twenty-First State Legislature

Regular Session of 2002

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred S.C.R. No. 112, S.D. 1, entitled:

begs leave to report as follows:

The purpose of this measure is to request the establishment of a statewide unifying task force within the Department of Business, Economic Development, and Tourism, to develop and administer an economic development plan for the State.

In addition, this measure requests the task force to submit a status report to the Legislature regarding the strategic economic development plan within six months of the first meeting of the task force, and the final strategic economic development plan within one year after the first meeting of the task force.

Your Committee finds that, in the aftermath of the events of September 11, 2001, which had a significant negative impact on Hawaii's economy, there is an even greater need to explore ways to revive and sustain state economic development. Your Committee agrees with the intent of this measure, and finds that a unified effort among various levels of government, private sector councils, and the University of Hawaii to develop a strategic economic development plan will help to ensure Hawaii's future economic stability.

Upon further consideration, your Committee has amended this measure by changing the composition of the task force by deleting the Chairperson of the Economic Development and Business Concerns Committee of the House of Representatives, and inserting in its place representatives from the Senate and House of Representatives designated by the President of the Senate and the Speaker of the House of Representatives.

As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee concurs with the intent and purpose of S.C.R. No. 112, S.D. 1, as amended herein, and recommends its adoption in the form attached hereto as S.C.R. No. 112, S.D. 2.