CONFERENCE COMMITTEE REP. NO. -0 238-06
Honolulu, Hawaii
, 2006
RE: S.B. No. 2546
S.D. 1
H.D. 2
C.D. 1
Honorable Robert Bunda
President of the Senate
Twenty-Third State Legislature
Regular Session of 2006
State of Hawaii
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Third State Legislature
Regular Session of 2006
State of Hawaii
Sir:
Your Committee on Conference on the disagreeing vote of the Senate to the amendments proposed by the House of Representatives in S.B. No. 2546, S.D. 1, H.D. 2, entitled:
"A BILL FOR AN ACT RELATING TO ECONOMIC DEVELOPMENT,"
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 diversify Hawaii's economy by establishing the Hawaii Innovations Partnership Corporation to provide research and development grants and to invest in enterprises in advanced technology, life sciences, and renewable energy fields.
Your Conference on Committee has amended this bill by deleting its contents and replacing it with provisions that:
(1) Establish the Innovation Special Fund (Special Fund); and
(2) Provide a dedicated, temporary source of funding for the Special Fund.
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 S.B. No. 2546, S.D. 1, H.D. 2, as amended herein, and recommends that it pass Final Reading in the form attached hereto as S.B. No. 2546, S.D. 1, H.D. 2, C.D. 1.
Respectfully submitted on behalf of the managers:
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ON THE PART OF THE HOUSE |
ON THE PART OF THE SENATE |
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____________________________ JON RIKI KARAMATSU, Co-Chair |
____________________________ CAROL FUKUNAGA, Chair |
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____________________________ KYLE T. YAMASHITA, Co-Chair |
____________________________ WILL ESPERO, Co-Chair |
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____________________________ BRIAN T. TANIGUCHI, Co-Chair |
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