Honorable Robert Bunda

President of the Senate

Twenty-Third State Legislature

Regular Session of 2006

State of Hawaii

Sir:

Your Committee on Business and Economic Development, to which was referred Governor's Message No. 420, submitting for study and consideration the nomination of:

begs leave to report as follows:

JASON T. OKUHAMA is currently a managing partner at Hawaii Lending Specialists, LLC. Mr. Okuhama received his Diploma in Foundations of Banking from the American Institute of Banking and attended the University of Hawaii at Manoa with an emphasis on Business Administration. Before joining Hawaii Lending Specialists, he was a Vice President and Business Loan Officer for Bank of America, and has an extensive background in the loan and banking industry from various banks in Hawaii. Mr. Okuhama currently serves as Board President of the Hawaii Alliance for Community-Based Economic Development (HACBED), is member of the Sierra Club, and has formerly served on numerous boards, organizations and clubs serving the community.

Your Committee received testimony in support of Mr. Okuhama's nomination to the Board of Directors of the Aloha Tower Development Corporation from the Department of Business, Economic Development, and Tourism, Hawaii Alliance for Community-Based Economic Development, and seventeen individuals.

Your Committee finds that Mr. Okuhama possesses twenty-five years of banking, and commercial and business lending experience. His expertise and knowledge will be an asset to the Aloha Tower Development Corporation.

As affirmed by the record of votes of the members of your Committee on Business and Economic Development that is attached to this report, your Committee, after full consideration of the background, experience, and qualifications of the nominee, has found the nominee to be qualified for the position to which nominated and recommends that the Senate advise and consent to the nomination.