STAND. COM. REP. NO. 1600
Honolulu, Hawaii
, 2005
RE: S.B. No. 1792
S.D. 1
H.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Third State Legislature
Regular Session of 2005
State of Hawaii
Sir:
Your Committee on Finance, to which was referred S.B. No. 1792, S.D. 1, entitled:
"A BILL FOR AN ACT MAKING AN APPROPRIATION FOR INTERNATIONAL BUSINESS AND TECHNOLOGY INCUBATOR PROGRAM,"
begs leave to report as follows:
The purpose of this bill is to attract foreign technology companies to open a branch of operations in Hawaii by appropriating funds to the High Technology Development Corporation (HTDC) to establish an International Business and Technology Incubator Program in Hawaii.
HTDC testified in support of this bill.
Your Committee has amended this bill by:
(1) Changing the effective date to July 1, 2010, to encourage further discussion; and
(2) Making technical, nonsubstantive amendments for clarity and style.
As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1792, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 1792, S.D. 1, H.D. 1.
Respectfully submitted on behalf of the members of the Committee on Finance,
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____________________________ DWIGHT TAKAMINE, Chair |
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