Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Third State Legislature

Regular Session of 2006

State of Hawaii

Sir:

Your Committees on Economic Development & Business Concerns and International Affairs, to which was referred S.B. No. 2036, S.D. 1, entitled:

beg leave to report as follows:

The purpose of this bill is to create more diverse business and technology-based jobs by providing funds to operate and implement an international business and technology incubator program in Hawaii.

The High Technology Development Corporation testified in support of this bill.

As affirmed by the records of votes of the members of your Committees on Economic Development & Business Concerns and International Affairs that are attached to this report, your Committees are in accord with the intent and purpose of S.B. No. 2036, S.D. 1, and recommend that it pass Second Reading and be referred to the Committee on Finance.