Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Third State Legislature

Regular Session of 2006

State of Hawaii

Sir:

Your Committee on Economic Development & Business Concerns, to which was referred H.B. No. 3057 entitled:

begs leave to report as follows:

The purpose of this bill is to appropriate funds to the High Technology Development Corporation for the Hawaii Small Business Innovation Research Assistance Program, the Small Business Technology Transfer Program, and the Phase 0 Competition Assistance Program.

The Department of Business, Economic Development, and Tourism, High Technology Development Corporation, Oceanit, EPSCoR Hawaii, and Hawaii Science and Technology Council supported this bill.

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. 3057 and recommends that it pass Second Reading and be referred to the Committee on Finance.