STAND. COM. REP. NO.  205

Honolulu, Hawaii

                , 2007

RE:   H.B. No. 1010

      H.D. 1

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2007

State of Hawaii

Sir:

     Your Committee on Economic Development & Business Concerns, to which was referred H.B. No. 1010 entitled:

"A BILL FOR AN ACT RELATING TO TECHNOLOGY GROWTH,"

begs leave to report as follows:

     The purpose of this bill is to support the State's technology sector marketing and outreach efforts by appropriating an unspecified amount of funds to allow members of the economic development boards (EDBs) of each county to participate in, and present Hawaii's technology story at, mainland exhibitions and conferences.

The Department of Business, Economic Development, and Tourism, Workforce Development Council, Kauai Economic Development Board, Inc., Maui Economic Development Board, Economic Development Alliance of Hawaii, and Trex Hawaii, LLC, provided testimony in support of this bill.

Your Committee understands that private-sector EDBs are funded by the State's Workforce Development Council and are actively marketing the State's high technology industry to former Hawaii residents who possess the skills needed by the industry. 

Your Committee has amended this bill by:

(1)  Inserting an appropriation of $250,000; and

(2)  Changing the bill's effective date to July 1, 2034, to allow further discussion of the measure.

     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. 1010, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 1010, H.D. 1, and be referred to the Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Economic Development & Business Concerns,

____________________________

KYLE T. YAMASHITA, Chair