STAND. COM. REP. NO.  1013-08

Honolulu, Hawaii

                , 2008

RE:   H.B. No. 3358

      H.D. 1

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Fourth State Legislature

Regular Session of 2008

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No. 3358, H.D. 1, entitled:

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

begs leave to report as follows:

     The purpose of this bill is to support Hawaii's high technology sector by preparing the current and future workforce for the challenges of the industry.  Specifically, this bill:

(1)  Requires the Department of Business, Economic Development, and Tourism to consult with the High Technology Development Corporation (HTDC) to:

          (A)  Plan for the establishment of a high technology park (Park) on the island of Oahu; and

          (B)  Work with the Department of Land and Natural Resources to identify public or private lands that may be acquired for the Park;

          and

     (2)  Appropriates funds to build the Park.

     HTDC testified in support of this bill.

     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 H.B. No. 3358, H.D. 1, and recommends that it pass Third Reading.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

MARCUS R. OSHIRO, Chair