CONFERENCE COMMITTEE REP. NO. 246-06
Honolulu, Hawaii
, 2006
RE: H.B. No. 3060
H.D. 1
S.D. 2
C.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Third State Legislature
Regular Session of 2006
State of Hawaii
Honorable Robert Bunda
President of the Senate
Twenty-Third State Legislature
Regular Session of 2006
State of Hawaii
Sir:
Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in H.B. No. 3060, H.D. 1, S.D. 2, entitled:
"A BILL FOR AN ACT RELATING TO HIGH TECHNOLOGY,"
having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.
The purpose of this bill is to encourage small companies and researchers at nonprofit research institutes to work together in moving laboratory-developed technologies to the marketplace and to foster technology-based economic development by:
(1) Authorizing the High Technology Development Corporation (HTDC)to provide grants to local businesses that receive a federal Small Business Technology Transfer Program award or grant or apply for a Small Business Innovation Research federal grant or Small Business Technology Transfer Program federal grant; and
(2) Appropriating funds to HTDC to increase the funding levels necessary to meet the current needs of the Hawaii Small Business Technology Transfer Grant Program and Phase 0 Competition Assistance Program.
Your Committee on Conference has amended this bill by:
(1) Adding a purpose section;
(2) Authorizing the High Technology Innovation Corporation (HTIC) to establish operational bank accounts in out-of-state locations, including foreign denomination accounts, until June 30, 2011;
(3) Exempting HTIC from Chapter 36, Hawaii Revised Statutes (HRS), relating to the management of state funds, and Chapter 38, HRS, relating to deposits of public funds;
(4) Appropriating $200,000 to increase funding levels necessary to meet the current needs of the Hawaii Small Business Innovation Research Assistance Program and the proposed Hawaii Small Business Technology Transfer Grant Program and Phase 0 Competition Assistance Program;
(5) Changing the effective date to July 1, 2006; and
(6) Making technical, nonsubstantive amendments for clarity, consistency, and style.
As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of H.B. No. 3060, H.D. 1, S.D. 2, as amended herein, and recommends that it pass Final Reading in the form attached hereto as H.B. No. 3060, H.D. 1, S.D. 2, C.D. 1.
Respectfully submitted on behalf of the managers:
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ON THE PART OF THE SENATE |
ON THE PART OF THE HOUSE |
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____________________________ CAROL FUKUNAGA, Chair |
____________________________ JON RIKI KARAMATSU, Co-Chair |
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____________________________ WILL ESPERO, Co-Chair |
____________________________ KYLE T. YAMASHITA, Co-Chair |
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____________________________ BRIAN T. TANIGUCHI, Co-Chair |
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