Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Economic Development and Business Concerns, to which was referred H.C.R. No. 150 entitled:

begs leave to report as follows:

The purpose of this concurrent resolution is to support efforts to improve and diversify Hawaii's economy by requesting the Department of Business, Economic Development, and Tourism (DBEDT) to convene an Economic Summit in October of 2003 to develop a strategic plan to:

(1) Increase job creation in high-demand industries;

(2) Expand Hawaii's emerging industry clusters; and

DBEDT supported this measure. AlohaCare, Hale Opio Kauai, Inc., Hawaii Youth Services Network, National Association of Social Workers, The Alliance for Health and Human Services, National Federation of Independent Businesses, The Hawaii Business League, and a concerned individual supported the intent of this bill.

Your Committee supports the establishment of an Economic Summit as a forum where stakeholders can work together to exchange ideas and develop a strategic plan to improve Hawaii's economic climate.

Your Committee notes that this measure, as received, requested that DBEDT convene the Economic Summit with the participation and collaboration of certain specific entities and organizations, such as the Hawaii Business Roundtable and The Chamber of Commerce of Hawaii. However, your Committee recognizes that other organizations, including small business organizations and nonprofit groups, were not specifically included in the list of collaborative entities.

Accordingly, your Committee has amended this measure by:

purposes of style and clarity.

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 concurs with the intent and purpose of H.C.R. No. 150, as amended herein, and recommends that it be referred to the Committee on Finance in the form attached hereto as H.C.R. No. 150, H.D. 1.