STAND. COM. REP. NO.  710

Honolulu, Hawaii

                , 2011

RE:   H.B. No. 980

      H.D. 1

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No. 980, H.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO THE SMALL BUSINESS REGULATORY REVIEW BOARD,"

begs leave to report as follows:

     The purpose of this bill is to ensure that administrative rules are reviewed and updated to remain current with related statutory provisions by:

(1)  Requiring each state agency with rules affecting small businesses to submit an annual report to the Small Business Regulatory Review Board (Board) regarding the statutory changes that impact these rules, and the status of each amended or new rule for which adoption is pending; and

(2)  Requiring the governor to direct state agencies to work with the Board to develop internal processes to expedite rulemaking actions for rules relating to small business that require amendment or adoption, due to a change in applicable law.

     The Department of Business, Economic Development, and Tourism and Ocean Tourism Coalition supported this bill.  A concerned individual submitted 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 H.B. No. 980, 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