Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Third State Legislature

Regular Session of 2005

State of Hawaii

Sir:

Your Committee on Economic Development & Business Concerns, to which was referred H.B. No. 162 entitled:

begs leave to report as follows:

The purpose of this bill is to support small businesses by requiring the Procurement Policy Board (Board) to adopt rules to promote the growth and development of small businesses, including:

(1) Set-asides for small businesses, where appropriate; and

The Department of Business, Economic Development, and Tourism, Department of Accounting and General Services, and The Chamber of Commerce of Hawaii supported this bill. The State Procurement Office supported the intent of this measure.

Your Committee believes that the provisions of this bill will allow small local businesses to compete more effectively against larger national and international corporations.

Your Committee has amended this measure by:

As affirmed by the record of votes of the members of your Committee on Economic Development & Business Concerns that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 162, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 162, H.D. 1, and be referred to the Committee on Finance.