STAND. COM. REP. NO.  1624-08

Honolulu, Hawaii

                , 2008

RE:   S.B. No. 2891

      S.D. 1

      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 S.B. No. 2891, S.D. 1, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO AEROSPACE DEVELOPMENT,"

begs leave to report as follows:

     The purpose of this bill is to appropriate funds to continue the support of the Pacific International Space Center for Exploration Systems.

     The University of Hawaii at Hilo, Colorado School of Mines, SpacePartnerships.com, Japan-United States Science, Technology & Space Applications Program, Boeing Company, JAMSS America, Inc., and several concerned individuals supported this bill.  The Department of Business, Economic Development, and Tourism provided comments.

     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. 2891, S.D. 1, 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